Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2024

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, 2024								December 31, 2023
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Cash equivalents:
Money market funds	$	1,097	$	—	$	—	$	1,097	$	78,661	$	—	$	—	$	78,661
Total cash equivalents		1,097		—		—		1,097		78,661		—		—		78,661
Short-term investments:
U.S. Government agency securities		—		3,929		—		3,929		—		11,893		—		11,893
U.S. Treasury securities		—		63,634		—		63,634		—		—		—		—
Yankee bonds		—		—		—		—		—		1,951		—		1,951
Agency bonds		—		—		—		—		—		2,994		—		2,994
Asset-backed securities		—		—		—		—		—		1,602		—		1,602
Corporate notes and bonds		—		32,305		—		32,305		—		—		—		—
Commercial paper		—		18,793		—		18,793		—		—		—		—
Total short-term investments		—		118,661		—		118,661		—		18,440		—		18,440
Long-term investments:
U.S. Government agency securities		—		5,989		—		5,989		—		—		—		—
U.S. Treasury securities		—		2,492		—		2,492		—		—		—		—
Corporate notes and bonds		—		66,390		—		66,390		—		—		—		—
Total long-term investments		—		74,871		—		74,871		—		—		—		—
Total	$	1,097	$	193,532	$	—	$	194,629	$	78,661	$	18,440	$	—	$	97,101
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 Utilizes 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 and during fiscal year 2024:

	Year Ended December 31,
	2024			2023
Balance as of January 1	$	6,180		$	—
Addition of contingent consideration liability due to acquisition		986			4,602
Change in fair value of contingent consideration liability due to remeasurement		—			1,578
Contingent consideration payment made		(7,166	)		—
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, 2024
	Cost or		Gross		Gross			Total Estimated
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Description:
Money market funds	$	1,097	$	—	$	—		$	1,097
U.S. Government agency securities		9,933		1		(16	)		9,918
U.S. Treasury securities		66,146		17		(37	)		66,126
Corporate notes and bonds		99,215		—		(520	)		98,695
Commercial paper		18,805		—		(12	)		18,793
Total	$	195,196	$	18	$	(585	)	$	194,629

	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
Yankee bonds		1,956		—		(5	)		1,951
Agency bond		2,998		—		(4	)		2,994
Asset-backed securities		1,604		—		(2	)		1,602
Total	$	97,151	$	—	$	(50	)	$	97,101