Cash Equivalents and Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Summary of Marketable Securities

Cash equivalents and marketable securities consisted of the following as of December 31, 2023 and December 31, 2022 (in thousands):

	Fair Value Measurements at December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Cash equivalents:
Money market funds	$	25,563	$	—	$	—		$	25,563
Total cash equivalents		25,563		—		—			25,563
Marketable securities:
U.S. Treasury securities		14,229		10		(24	)		14,215
Government agency securities		65,182		23		(98	)		65,107
Commercial paper		17,891		8		(10	)		17,889
Corporate bonds		113,492		90		(135	)		113,447
Total marketable securities		210,794		131		(267	)		210,658
Total cash equivalents and marketable securities	$	236,357	$	131	$	(267	)	$	236,221

	Fair Value Measurements at December 31, 2022
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
Cash equivalents:
Money market funds	$	25,174	$	—	$	—		$	25,174
Commercial paper		9,928		—		(4	)		9,924
Total cash equivalents		35,102		—		(4	)		35,098
Marketable securities:
U.S. Treasury securities		10,267		—		(36	)		10,231
Government agency securities		12,493		—		(49	)		12,444
Commercial paper		48,661		—		(185	)		48,476
Corporate bonds		97,195		3		(526	)		96,672
Total marketable securities		168,616		3		(796	)		167,823
Total cash equivalents and marketable securities	$	203,718	$	3	$	(800	)	$	202,921