Investments (Tables)

6 Months Ended

Jun. 30, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-Sale Securities

The following tables summarize investments accounted for as available-for-sale securities (in thousands):

	As of June 30, 2024
	Acquisition Cost		Unrealized Gain		Unrealized Loss			Estimated Fair Value
Money market funds	$	28,130	$	—	$	—		$	28,130
U.S. government obligations		139,179		—		(53	)		139,126
Corporate debt securities		8,812		—		(11	)		8,801
Total cash equivalents and investments	$	176,121	$	—	$	(64	)	$	176,057
Classified as:
Cash equivalents								$	28,130
Short-term investments									147,927
Total cash equivalents and investments								$	176,057

	As of December 31, 2023
	Acquisition Cost		Unrealized Gain		Unrealized Loss			Estimated Fair Value
Money market funds	$	21,737	$	—	$	—		$	21,737
U.S. government obligations		92,106		58		(21	)		92,143
Corporate debt securities		4,900		5		(2	)		4,903
Total cash equivalents and investments	$	118,743	$	63	$	(23	)	$	118,783
Classified as:
Cash equivalents								$	21,737
Short-term investments									97,046
Total cash equivalents and investments								$	118,783