Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

Summary of Cash Equivalents and Marketable Securities Measured at Fair Value on a Recurring Basis

The following table summarizes our cash equivalents and marketable securities measured at fair value and by level on a recurring basis as of June 30, 2024:

(In thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents	$	16,203	$	29,474	$	—	$	45,677
Total cash equivalents	16,203		29,474		—		45,677
Marketable securities:
Certificates of deposit	$	—	$	11,878	$	—	$	11,878
U.S. Treasuries	—		102,260		—		102,260
Government securities	—		150,793		—		150,793
Corporate debt securities	—		295,847		—		295,847
Total marketable securities	—		560,778		—		560,778
Total cash equivalents and marketable securities	$	16,203	$	590,252	$	—	$	606,455