CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Cash flows from operating activities:
Net income	$ 23,371	$ 7,257
Adjustments to reconcile net income to net cash used in operating activities:
Amortization of intangible assets	73	73
Depreciation and amortization	659	853
Accretion of discounts on short-term investments	(851)	(3,304)
Stock-based compensation expense	3,439	3,789
Non-cash lease expense	2,189	1,995
Changes in operating assets and liabilities
Accounts receivable	1,234	657
Prepaid expenses and other assets	(1,076)	1,879
Accounts payable	(853)	(847)
Accrued liabilities and other long-term liabilities	(3,209)	(6,107)
Deferred revenue	(61,772)	(51,839)
Net cash used in operating activities	(36,796)	(45,594)
Cash flows from investing activities:
Purchases of property and equipment	(146)	(211)
Purchases of short term investments	(128,618)	(93,392)
Maturities of short-term investments	83,000	160,000
Net cash provided by (used in) investing activities	(45,764)	66,397
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs	93,373	4,843
Proceeds from employee purchase plan and exercise of stock options	177	430
Net cash provided by financing activities	93,550	5,273
Net increase in cash, cash equivalents and restricted cash	10,990	26,076
Cash, cash equivalents and restricted cash, beginning of period	39,079	18,088
Cash, cash equivalents and restricted cash, end of period	$ 50,069	$ 44,164