The following tables set forth the fair value of the Company’s financial assets and liabilities measured on a recurring basis by level within the fair value hierarchy (in thousands):


	June 30, 2024
	Level 1		Level 2		Level 3		Total
Financial Assets
Money market funds	$	38,418	$	—	$	—	$	38,418
Commercial paper	—		3,585		—		3,585
Certificates of deposit	—		11,521		—		11,521
Cash equivalents	38,418		15,106		—		53,524
Commercial paper	—		42,577		—		42,577

U.S. Treasury and government debt securities	—		49,498		—		49,498
Marketable securities	—		92,075		—		92,075
Total financial assets	$	38,418	$	107,181	$	—	$	145,599

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Financial Assets
Money market funds	$	42,126	$	—	$	—	$	42,126
Certificates of deposit	—		12,528		—		12,528
Cash equivalents	42,126		12,528		—		54,654
Commercial paper	—		50,962		—		50,962
Agency debt securities	—		2,995		—		2,995
U.S. Treasury and government debt securities	—		42,878		—		42,878
Marketable securities	—		96,835		—		96,835
Total financial assets	$	42,126	$	109,363	$	—	$	151,489