Fair Value Measurements - FV hierarchy (Details) - Fair Value, Recurring - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	$ 30,421	$ 79,398
Total financial assets measured at fair value on a recurring basis	30,421	79,398
Warrant liabilities - common warrants	1,773	6,314
Total financial liabilities measured at fair value on a recurring basis	1,773	6,314
Level 1
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	30,421	79,398
Total financial assets measured at fair value on a recurring basis	30,421	79,398
Level 3
Financial assets or liabilities measured at fair value on a recurring basis
Warrant liabilities - common warrants	1,773	6,314
Total financial liabilities measured at fair value on a recurring basis	1,773	6,314
Cash
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	6,200	6,165
Cash \| Level 1
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	6,200	6,165
Money market funds
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	24,221	73,233
Money market funds \| Level 1
Financial assets or liabilities measured at fair value on a recurring basis
Cash and cash equivalents	$ 24,221	$ 73,233

Applied Therapeutics, Inc. 10-Q