Marketable securities (Tables)

12 Months Ended

Dec. 31, 2025

Marketable Securities [Abstract]

Summary of marketable securities

Marketable securities at December 31, 2025 consisted of the following (in thousands):

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Marketable securities, current:
Corporate debt securities	$	131,038	$	50	$	(37)	$	131,051
U.S. Treasury securities	28,107		26		(2)		28,131
U.S. government debt securities	14,756		—		(4)		14,752
Marketable securities, non-current
Corporate debt securities	45,544		33		(14)		45,563
U.S. government debt securities	2,002		—		(1)		2,001
U.S. Treasury securities	$	1,000	$	—	$	(1)	$	999
Total marketable securities, current and non-current	$	222,447	$	109	$	(59)	$	222,497

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

Summary of marketable securities in unrealized loss position

Marketable securities in unrealized loss positions as of December 31, 2025 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	46	$	80,929	$	(50)
U.S. government debt securities	14	19,753		(5)
U.S. Treasury securities	5	7,502		(3)
Marketable securities in continuous unrealized loss position for greater than 12 months:
Corporate debt securities	3	3,746		(1)
Total marketable securities in unrealized loss position	68	$	111,930	$	(59)

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)