MARKETABLE SECURITIES

12 Months Ended

Dec. 31, 2024

Investments, Debt and Equity Securities [Abstract]

MARKETABLE SECURITIES

4. MARKETABLE SECURITIES

The following tables summarize the fair value of the Company’s marketable securities by type (in thousands):

	As of December 31, 2024
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Corporate debt securities	$	24,394	$	32	$	—	$	24,426
Commercial paper		3,352		2		—		3,354
U.S. Government debt securities		15,913		27		—		15,940
Total	$	43,659	$	61	$	—	$	43,720

	As of December 31, 2023
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Corporate debt securities	$	4,569	$	3	$	(1)	$	4,571
Commercial paper		12,444		—		(2)		12,442
U.S. Government debt securities		16,830		9		—		16,839
Total	$	33,843	$	12	$	(3)	$	33,852