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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis:
Fair Value Measurements as of December 31, 2024
Level 1Level 2Level 3Total
Assets:
Cash Equivalents:
Money market funds$251,948 $— $— $251,948 
Total assets
$251,948 $— $— $251,948 
Liabilities:
Common Stock Warrants:
Private Common Stock Warrants— — — — 
Total liabilities
$— $— $— $— 

Fair Value Measurements as of December 31, 2023
Level 1Level 2Level 3Total
Assets:
Cash Equivalents:
Money market funds$287,060 $— $— $287,060 
Available-for-Sale Investments:
Asset-backed securities— 1,125 — 1,125 
Total assets
$287,060 $1,125 $— $288,185 
Liabilities:
Common Stock Warrants:
Private Common Stock Warrants— — 11 11 
Total liabilities
$— $— $11 $11 
Schedule of Activity for Private Warrants
The following sets forth the activity for Private Warrants:
Private Warrants
Balance at December 31, 2023$11 
Private warrant shares exercised— 
Fair market value adjustment(11)
Balance as of December 31, 2024$— 
Schedule of Components of Long-Term Debt The following sets forth the activity for the 2021 Senior Secured Notes:
2021 Senior Secured Notes
Balance at December 31, 2023$107,303 
Fair market value increase
14,264 
Balance as of December 31, 2024$121,567 
Components of long-term debt were as follows as of December 31, 2024 and 2023:
December 31,
20242023
2021 Senior Secured Notes$129,671 $129,671 
Unamortized discount and issuance costs(4,017)(5,736)
Long-term debt, non-current$125,654 $123,935