Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities Measured on a Recurring Basis

The following table sets forth the fair value of our financial assets and liabilities that are measured or disclosed on a recurring basis by level within the fair value hierarchy (in thousands):

	December 31, 2023
	Total Fair Value		Level 1		Level 2		Level 3
Assets:
Money market funds	$	18,641	$	18,641	$	—	$	—
U.S. government-sponsored agency bonds	102,093		—		102,093		—
Commercial paper	49,654		—		49,654		—
Asset-backed securities	8,625		—		8,625		—
U.S. treasury securities	2,457		—		2,457		—
Total	$	181,470	$	18,641	$	162,829	$	—
Liabilities:
Derivative liabilities for exit fee	$	675	$	—	$	—	$	675
Total	$	675	$	—	$	—	$	675

	December 31, 2022
	Total Fair Value		Level 1		Level 2		Level 3
Assets:
Money market funds	$	84,313	$	84,313	$	—	$	—
Commercial paper	25,291		—		25,291		—
U.S. government-sponsored agency bonds	1,479		—		1,479		—
Corporate bonds	999		—		999		—
Total	$	112,082	$	84,313	$	27,769	$	—
Liabilities:
Derivative liability for exit fees	$	1,656	$	—	$	—	$	1,656
Total	$	1,656	$	—	$	—	$	1,656