Fair value measurements (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of financial assets measured at fair value on recurring basis

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicates the level of the fair value hierarchy utilized to determine such fair values as of December 31, 2024 (in thousands):

	Fair Value		Level 1		Level 2		Level 3
Cash equivalents:
Money market funds	$	46,219	$	46,219	$	—	$	—
U.S. Treasury securities	9,043		—		9,043		—
Marketable securities:
Corporate debt securities	186,931		—		186,931		—
U.S. Treasury securities	18,302		—		18,302		—
U.S. government debt securities	6,531		—		6,531		—
Total cash equivalents and marketable securities	$	267,026	$	46,219	$	220,807	$	—

The following table sets forth the fair value of the Company’s financial assets by level within the fair value hierarchy at December 31, 2023 (in thousands):

	Fair Value		Level 1		Level 2		Level 3
Cash equivalents:
Money market funds	$	103,864	$	103,864	$	—	$	—
U.S. Treasury securities	14,972		—		14,972		—
Corporate debt securities	7,588		—		7,588		—
Marketable securities:
Corporate debt securities	128,705		—		128,705		—
U.S. government debt securities	20,428		—		20,428		—
U.S. Treasury securities	5,966		—		5,966		—
Total cash equivalents and marketable securities	$	281,523	$	103,864	$	177,659	$	—