Net Income (Loss) per Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Net Loss per Share Attributable to Common Stockholders

Basic and diluted net income (loss) per share attributable to common stockholders was calculated as follows (in thousands, except share and per share amounts):

	Year Ended December 31,
	2024		2023
Numerator:
Net income (loss)	$	65,626	$	(6,685)
Denominator:
Weighted‑average common shares outstanding, basic	37,306,363		33,050,319
Effect of dilutive securities	1,696,806		—
Weighted‑average common shares outstanding, diluted	39,003,169		33,050,319
Net income (loss), basic	$	1.76	$	(0.20)
Net income (loss), diluted	$	1.68	$	(0.20)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss per Share

The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net income (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:

	Year Ended December 31,
	2024	2023
Unvested restricted common stock	440,353	1,268,461
Unvested performance stock units	438,500	—
Unvested shares from early exercises	—	14,745
Stock options to purchase common stock	2,452,396	5,414,360
	3,331,249	6,697,566