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Short-Term Investments (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]    
Summary of Amortized Cost and Estimated Fair Value of Marketable Securities
The following tables summarize the amortized cost and estimated fair value of the Company’s U.S. government treasury securities and marketable securities, which are considered to be
available-for-sale
investments and are included in short-term investments on the consolidated balance sheets:
 
    
September 30, 2024
 
(in thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Fair
Value
 
U.S. government treasury securities
   $ 4,994      $ 1      $ —       $ 4,995  
  
 
 
    
 
 
    
 
 
    
 
 
 
Totals
   $ 4,994      $ 1      $ —       $ 4,995  
  
 
 
    
 
 
    
 
 
    
 
 
 
    
December 31, 2023
 
(in thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Fair
Value
 
U.S. government treasury securities
     93,749        73        —       $ 93,822  
  
 
 
    
 
 
    
 
 
    
 
 
 
Totals
   $ 93,749      $ 73      $ —       $ 93,822  
  
 
 
    
 
 
    
 
 
    
 
 
 
The following tables summarize the amortized cost and estimated fair value of the Company’s U.S. government treasury securities and marketable securities, which are considered to be
available-for-sale
investments and are included in short-term investments on the consolidated balance sheets:
 
    
December 31, 2023
 
(in thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Fair Value
 
U.S. government treasury securities
   $ 93,749      $ 73      $ —       $ 93,822  
  
 
 
    
 
 
    
 
 
    
 
 
 
Totals
   $ 93,749      $ 73      $ —       $ 93,822  
  
 
 
    
 
 
    
 
 
    
 
 
 
    
December 31, 2022
 
(in thousands)
  
Amortized
Cost
    
Unrealized
Gains
    
Unrealized
Losses
    
Fair Value
 
U.S. government treasury securities
   $ 99,288      $ 1      $ (253    $ 99,036  
Marketable securities:
           
Corporate and agency bonds
     28,748        3        (84      28,667  
  
 
 
    
 
 
    
 
 
    
 
 
 
Totals
   $ 128,036      $ 4      $ (337    $ 127,703