v3.25.3
Fair Value Measurements
 12 Months Ended
Dec. 31, 2024
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Fair Value Measurements
Note 4. Fair Value Measurements
The Company measures and reports certain financial instruments as assets and liabilities at fair value on a recurring basis. The following table presents the Company’s financial assets that are measured at fair value on a recurring basis and the level of inputs used in such measurements (in thousands):
 
    
December 31, 2024
  
    
Balance
     
Quoted Prices
in Active
Markets
(Level 1)
     
Significant
Other
Observable
Inputs
(Level 2)
     
Significant
Unobservable
Inputs
(Level 3)
  
Assets
            
Money market funds
    $   
6
      $   6      $   —       $   —   
  
 
 
     
 
 
     
 
 
     
 
 
  
Total assets measured at fair value
    $ 6      $ 6      $ —       $ —   
  
 
 
     
 
 
     
 
 
     
 
 
  
 
 
  
December 31, 2023
 
 
  
Balance
 
  
Quoted Prices
in Active
Markets
(Level 1)
 
  
Significant
Other
Observable
Inputs
(Level 2)
 
  
Significant
Unobservable
Inputs
(Level 3)
 
Assets
  
  
  
  
Money market funds
    $ 5      $   5      $   —       $   —   
  
 
 
     
 
 
     
 
 
     
 
 
  
Total assets measured at fair value
    $ 5      $ 5      $ —       $ —   
  
 
 
     
 
 
     
 
 
     
 
 
  
The Company’s financial assets carried at fair value are comprised of cash and cash equivalents. Cash and cash equivalents consist of money market accounts and bank deposits which are highly liquid and readily tradable. These assets are valued using inputs observable in active markets for identical securities.