Investments (Tables)

12 Months Ended

Dec. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Summary of Investment Portfolio

The following is a summary of the Company’s investment portfolio (in thousands):

	As of December 31, 2025
	Amortized Cost		Unrealized gains		Unrealized losses			Fair value
Investments:
Current marketable securities:
U.S treasury securities	$	54,881	$	46	$	—		$	54,927
U.S. government-sponsored agency securities		61,310		25		(20	)		61,315
Commercial paper		8,904		3		—			8,907
Corporate debt securities		122,468		104		(1	)		122,571
Total	$	247,563	$	178	$	(21	)	$	247,720

Schedule of Fair Value of Company's Investments, by Contractual Maturity

The following table shows the fair value of the Company’s investments, by contractual maturity, as of December 31, 2025 (in thousands):

	As of December 31, 2025
	Due within one year		Due after one year through five years		Total
Contractual Maturities:
U.S. treasury securities	$	49,893	$	5,034	$	54,927
U.S. government-sponsored agency securities		10,045		51,270		61,315
Commercial paper		8,907		—		8,907
Corporate debt securities		60,659		61,912		122,571
Total	$	129,504	$	118,216	$	247,720