Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Assets Carried at Fair Value and Measured on Recurring Basis

The fair value hierarchy of the Company’s financial assets carried at fair value and measured on a recurring basis is as follows:


			Fair Value Measurements at March 31, 2024
	March 31, 2024		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Time deposits (1)	$	26,204	$	—	$	26,204	$	—
Pooled bond funds		74,545		—		74,545		—
Total short-term investments	$	100,749	$	—	$	100,749	$	—


			Fair Value Measurements at December 31, 2023
	December 31, 2023		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Time deposits (1)	$	25,877	$	—	$	25,877	$	—
Pooled bond funds		73,724		—		73,724		—
Total short-term investments	$	99,601	$	—	$	99,601	$	—

(1)

The Company's time deposits consist of domestic deposits which mature within six months (Level 2). All level 2 investments are priced using observable inputs, such as quoted prices in markets that are not active and yield curves.