Marketable securities (Tables)

12 Months Ended

Dec. 31, 2024

Marketable Securities [Abstract]

Summary of marketable securities

Marketable securities at December 31, 2024 consisted of the following (in thousands):

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Marketable securities, current:
Corporate debt securities	$	164,469	$	189	$	(85)	$	164,573
U.S. Treasury securities	18,291		12		(1)		18,302
U.S. government debt securities	6,527		4		—		6,531
Marketable securities, non-current
Corporate debt securities	22,424		12		(78)		22,358
Total marketable securities, current and non-current	$	211,711	$	217	$	(164)	$	211,764

Marketable securities at December 31, 2023 consisted of the following (in thousands):

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Marketable securities, current:
Corporate debt securities	$	100,903	$	16	$	(221)	$	100,698
U.S. government debt securities	20,457		14		(43)		20,428
U.S. Treasury securities	5,965		1		—		5,966
Marketable securities, non-current
Corporate debt securities	27,901		120		(14)		28,007
Total marketable securities, current and non-current	$	155,226	$	151	$	(278)	$	155,099

Summary of marketable securities in unrealized loss position

Marketable securities in unrealized loss positions as of December 31, 2024 consisted of the following (in thousands, except number of securities):

	Number of Securities	Fair Value		Gross Unrealized Losses
Marketable securities in continuous unrealized loss position for less than 12 months:
Corporate debt securities	41	$	62,447	$	(163)
U.S. Treasury securities	2	2,981		(1)
U.S. government debt securities	1	1,986		—
Total marketable securities in unrealized loss position	44	$	67,414	$	(164)

Marketable securities in unrealized loss positions as of December 31, 2023 consisted of the following (in thousands, except number of securities):

	Number of Securities	Fair Value		Gross Unrealized Losses
Marketable securities in continuous unrealized loss position for less than 12 months:
Corporate debt securities	64	$	68,563	$	(146)
U.S. government debt securities	9	11,914		(22)
Marketable securities in continuous unrealized loss position for greater than 12 months:
Corporate debt securities	18	22,138		(89)
U.S. government debt securities	3	5,979		(21)
Total marketable securities in unrealized loss position	94	$	108,594	$	(278)