Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Summary of Assets Measured at Fair Value on Recurring Basis

The following table presents the balances of assets measured at fair value on a recurring basis, by level within the fair value hierarchy, as of the dates presented (in thousands):

	December 31, 2023								December 31, 2022
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	78,661	$	—	$	—	$	78,661	$	14,620	$	—	$	—	$	14,620
Total cash equivalents		78,661		—		—		78,661		14,620		—		—		14,620
Short-term investments:
U.S. government agency securities		—		11,893		—		11,893		—		78,621		—		78,621
Corporate notes and bonds		—		—		—		—		—		26,953		—		26,953
Commercial paper		—		—		—		—		—		24,073		—		24,073
Treasury bill		—		—		—		—		—		11,359		—		11,359
Yankee bonds		—		1,951		—		1,951		—		1,939		—		1,939
Agency bonds		—		2,994		—		2,994		—		2,882		—		2,882
Asset-backed securities		—		1,602		—		1,602		—		8,321		—		8,321
Total short-term investments		—		18,440		—		18,440		—		154,148		—		154,148
Long-term investments:
U.S. government agency securities		—		—		—		—		—		13,462		—		13,462
Yankee bonds		—		—		—		—		—		1,869		—		1,869
Agency bonds		—		—		—		—		—		2,983		—		2,983
Asset-backed securities		—		—		—		—		—		886		—		886
Total long-term investments		—		—		—		—		—		19,200		—		19,200
Total	$	78,661	$	18,440	$	—	$	97,101	$	14,620	$	173,348	$	—	$	187,968
Acquisition related contingent consideration liability		—		—		6,180		6,180		—		—		—		—
Total liabilities at fair value	$	—	$	—	$	6,180	$	6,180	$	—	$	—	$	—	$	—

Schedule of Additional Information of Liabilities Measured at Fair Value for Company Utilized Level 3 Inputs to Determine Fair Value

The following table presents additional information about liabilities measured at fair value for which the Company utilizes Level 3 inputs to determine fair value as of December 31, 2023:

	Year Ended December 31,
	2023
Balance as of January 1	$	—
Addition of contingent consideration liability due to acquisition		4,602
Change in fair value of contingent consideration liability due to remeasurement		1,578
Balance as of December 31	$	6,180

Schedule of Cost Or Amortized Cost, Gross Unrealized Gains, Gross Unrealized Losses, And Total Estimated Fair Value Of Financial Assets

The following tables present the cost or amortized cost, gross unrealized gains, gross unrealized losses and total estimated fair value of our financial assets as of the dates presented (in thousands):

	December 31, 2023
	Cost or		Gross		Gross			Total Estimated
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Description:
Money market funds	$	78,661	$	—	$	—		$	78,661
U.S. government agency securities		11,932		—		(39	)		11,893
Corporate notes and bonds		—		—		—			—
Yankee bonds		1,956		—		(5	)		1,951
Commercial paper		—		—		—			—
Treasury bill		—		—		—			—
Agency bond		2,998		—		(4	)		2,994
Asset-backed securities		1,604		—		(2	)		1,602
Total	$	97,151	$	—	$	(50	)	$	97,101

	December 31, 2022
	Cost or		Gross		Gross			Total Estimated
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Description:
Money market funds	$	14,620	$	—	$	—		$	14,620
U.S. government agency securities		93,065		—		(982	)		92,083
Corporate notes and bonds		27,133		6		(186	)		26,953
Yankee bonds		3,815		—		(7	)		3,808
Commercial paper		24,073		—		—			24,073
Treasury bill		11,361		2		(4	)		11,359
Agency bond		5,863		4		(2	)		5,865
Asset-backed securities		9,287		2		(82	)		9,207
Total	$	189,217	$	14	$	(1,263	)	$	187,968