Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The following table summarizes our borrowings (in millions):

	As of December 31,
	2024		2023
Long-term debt, non-current (Contractual maturity 2029)	$	50	$	—
Unamortized discounts and issuance costs	(2)		—
Total long-term debt	$	48	$	—

Schedule of Maturities of Long-Term Debt

The aggregate future minimum payments including principal payments and the end of term charge, due under the Hercules Agreement, are as follows (in millions):

Maturity Date	Amount
2028	$	15
2029	39
Total payments	$	54