Short-Term Investments (Tables)

6 Months Ended

Jun. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Short-term Investments

The following tables summarize the estimated value of the Company’s short-term investments as of June 30, 2025 and December 31, 2024:

	June 30, 2025
(in thousands)	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Commercial paper	$	3,324	$	—	$	(3)	$	3,321
Corporate notes	19,629		23		(8)		19,644
U.S. Treasury securities	28,241		23		(8)		28,256
U.S. Government agency securities	20,634		15		(13)		20,636
Total short-term investments	$	71,828	$	61	$	(32)	$	71,857

	December 31, 2024
(in thousands)	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Commercial paper	$	2,258	$	5	$	—	$	2,263
Corporate notes	27,082		41		(31)		27,092
U.S. Treasury securities	14,851		7		(6)		14,852
U.S. Government agency securities	33,687		43		(18)		33,712
Total short-term investments	$	77,878	$	96	$	(55)	$	77,919

Schedule of Short-term Investments By Contractual Maturity

As of June 30, 2025, the fair value of short-term investments by remaining contractual maturity consisted of the following:

(in thousands)	Fair Value
Remaining maturity date one year or less	$	48,068
Remaining maturity date greater than one year	23,789
Total short-term investments	$	71,857