Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

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

The following tables set forth the fair values of financial assets as of December 31, 2023 and 2022 that were measured at fair value on a recurring basis (in thousands):

	December 31, 2023
	Level 1		Level 2		Level 3		Total
Financial assets
Money market funds	$	45,123	$	—	$	—	$	45,123
Commercial paper		—		10,630		—		10,630
U.S. government treasury and agency securities		—		264,426		—		264,426
Corporate bonds		—		6,281		—		6,281
Total financial assets	$	45,123	$	281,337	$	—	$	326,460

	December 31, 2022
	Level 1		Level 2		Level 3		Total
Financial assets
Money market funds	$	38,502	$	—	$	—	$	38,502
Commercial paper		—		9,969		—		9,969
U.S. government treasury securities		—		385,848		—		385,848
Corporate bonds		—		12,349		—		12,349
Total financial assets	$	38,502	$	408,166	$	—	$	446,668