Short-Term Investments and Cash Equivalents

3 Months Ended

Mar. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Short-Term Investments and Cash Equivalents

Short-Term Investments and Cash Equivalents

The following table summarizes the Company's short-term investments (in thousands):

		As of March 31, 2025
	Maturity (In Years)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Money market funds		$	227,319	$	—	$	—	$	227,319
U.S. government treasury bills	Less than 1	1,517		—		—		1,517
Corporate bonds	Less than 1	1,975		1		—		1,976
Total		$	230,811	$	1	$	—	$	230,812

		As of December 31, 2024
	Maturity (In Years)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Money market funds		$	27,485	$	—	$	—	$	27,485
U.S. government treasury bills	Less than 1	12,553		9		—		12,562
Commercial paper	Less than 1	1,743		1		—		1,744
Corporate bonds	Less than 1	4,256		5		—		4,261
Total		$	46,037	$	15	$	—	$	46,052