Cash Equivalents and Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2024

Cash and Cash Equivalents [Abstract]

Schedule of Fair Value and Amortized Cost of Cash Equivalents

The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):

	December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market funds	$	73,975	$	—	$	—	$	73,975
U.S. Treasury securities	226,049		262		(40)		226,271
U.S. government agency securities	36,765		51		(1)		36,815
Corporate debt securities	21,473		20		(1)		21,492
Total cash equivalents and marketable securities	$	358,262	$	333	$	(42)	$	358,553

Classified as:	Fair Value
Cash equivalents	$	80,639
Marketable securities	264,900
Marketable securities, non-current	13,014
Total cash equivalents and marketable securities	$	358,553

	December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market funds	$	62,075	$	—	$	—	$	62,075
U.S. Treasury securities	374,214		237		(95)		374,356
U.S. government agency securities	48,924		3		(177)		48,750
Corporate debt securities	59,668		—		(62)		59,606
Total cash equivalents and marketable securities	$	544,881	$	240	$	(334)	$	544,787

Classified as:	Fair Value
Cash equivalents	$	127,705
Marketable securities	400,576
Marketable securities, non-current	16,506
Total cash equivalents and marketable securities	$	544,787

Schedule of Fair Value and Amortized Cost of Marketable Securities

The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):

	December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market funds	$	73,975	$	—	$	—	$	73,975
U.S. Treasury securities	226,049		262		(40)		226,271
U.S. government agency securities	36,765		51		(1)		36,815
Corporate debt securities	21,473		20		(1)		21,492
Total cash equivalents and marketable securities	$	358,262	$	333	$	(42)	$	358,553

Classified as:	Fair Value
Cash equivalents	$	80,639
Marketable securities	264,900
Marketable securities, non-current	13,014
Total cash equivalents and marketable securities	$	358,553

	December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Money market funds	$	62,075	$	—	$	—	$	62,075
U.S. Treasury securities	374,214		237		(95)		374,356
U.S. government agency securities	48,924		3		(177)		48,750
Corporate debt securities	59,668		—		(62)		59,606
Total cash equivalents and marketable securities	$	544,881	$	240	$	(334)	$	544,787

Classified as:	Fair Value
Cash equivalents	$	127,705
Marketable securities	400,576
Marketable securities, non-current	16,506
Total cash equivalents and marketable securities	$	544,787