CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2025

Cash and Cash Equivalents [Abstract]

Schedule of Securities Classified as Cash, Cash Equivalents and Short-Term Investments

The following table summarizes our cash, cash equivalents and short-term investments:

	June 30, 2025								December 31, 2024
			Gross Unrealized								Gross Unrealized
(in thousands)	Amortized Cost		Gains		Losses		Fair Value		Amortized Cost		Gains		Losses		Fair Value
Cash and cash equivalents
Cash	$	17,669	$	—	$	—	$	17,669	$	16,282	$	—	$	—	$	16,282
Money market funds	72,376		—		—		72,376		48,650		—		—		48,650
Total cash and cash equivalents	90,045		—		—		90,045		64,932		—		—		64,932
Short-term investments
U.S. treasury securities	$	57,724	$	6	$	(14)	$	57,716	$	79,720	$	58	$	(5)	$	79,773
U.S. government-sponsored agency bonds	37,404		—		(23)		37,381		45,960		29		(27)		45,962
Commercial paper	26,681		—		(8)		26,673		37,061		19		(15)		37,065
Corporate bonds	20,880		5		(3)		20,882		17,415		4		(6)		17,413
Asset-backed securities	5,756		—		(1)		5,755		2,983		2		—		2,985
Yankee bonds	—		—		—		—		1,972		—		(2)		1,970
Total short-term investments	148,445		11		(49)		148,407		185,111		112		(55)		185,168
Total cash, cash equivalents and investments	$	238,490	$	11	$	(49)	$	238,452	$	250,043	$	112	$	(55)	$	250,100