| Schedule of Fair Value Measurements of Cash Equivalents and Available-for-Sale Investment Securities |
The fair value measurements of the Company’s cash equivalents and available-for-sale investment securities are identified in the following tables (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at
Reporting Date Using | | March 31,
2024 | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | Money Market Funds | $ | 31,208 | | | $ | 31,208 | | | $ | — | | | $ | — | | | U.S. Government Agency Securities | 126,472 | | | — | | | 126,472 | | | — | | | FDIC Certificates of Deposit | 4,159 | | | — | | | 4,159 | | | — | | | Certificates of Deposit | 60,000 | | | — | | | 60,000 | | | — | | | Commercial Paper | 62,000 | | | — | | | 62,000 | | | — | | | Corporate Notes/Bonds | 143,173 | | | — | | | 143,173 | | | — | | | $ | 427,012 | | | $ | 31,208 | | | $ | 395,804 | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at
Reporting Date Using | | December 31,
2023 | | Quoted Prices
in Active
Markets for
Identical
Assets
(Level 1) | | Significant
Other
Observable
Inputs
(Level 2) | | Significant
Unobservable
Inputs
(Level 3) | | Money Market Funds | $ | 10,698 | | | $ | 10,698 | | | $ | — | | | $ | — | | | U.S. Government Agency Securities | 150,595 | | | — | | | 150,595 | | | — | | | FDIC Certificates of Deposit | 4,400 | | | — | | | 4,400 | | | — | | | Certificates of Deposit | 60,000 | | | — | | | 60,000 | | | — | | | Commercial Paper | 78,642 | | | — | | | 78,642 | | | — | | | Corporate Notes/Bonds | 119,037 | | | — | | | 119,037 | | | — | | | $ | 423,372 | | | $ | 10,698 | | | $ | 412,674 | | | $ | — | |
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