Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Marketable Securities

The following are summaries of the Company's marketable securities at March 31, 2025 and December 31, 2024 (in thousands).

	As of March 31, 2025
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. government agency securities and treasuries	$	94,341	$	83	$	(19)	$	94,405
Corporate debt securities	44,438		69		(4)		44,503
Total securities with a maturity of one year or less	$	138,779	$	152	$	(23)	$	138,908
U.S. government agency securities and treasuries	170,568		419		(111)		170,876
Corporate debt securities	4,894		—		—		4,894
Total securities with a maturity of more than one year	$	175,462	$	419	$	(111)	$	175,770
Total available-for-sale securities	$	314,241	$	571	$	(134)	$	314,678

	As of December 31, 2024
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. government agency securities and treasuries	$	148,673	$	196	$	(1)	$	148,868
Corporate debt securities	58,210		118		(16)		58,312
Total securities with a maturity of one year or less	$	206,883	$	314	$	(17)	$	207,180
U.S. government agency securities and treasuries	105,145		19		(404)		104,760
Corporate debt securities	6,801		46		—		6,847
Total securities with a maturity of more than one year	$	111,946	$	65	$	(404)	$	111,607
Total available-for-sale securities	$	318,829	$	379	$	(421)	$	318,787