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Investments (Tables)
 6 Months Ended
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of available-for-sale investments

The Company's available-for-sale investments consisted of the following (in thousands):

 

 

As of June 30, 2025

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Losses

 

 

Estimated Fair Value

 

Short-term:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

5,989

 

 

$

—

 

 

$

—

 

 

$

5,989

 

U.S. agency bonds

 

 

143,673

 

 

 

5

 

 

 

(66

)

 

 

143,612

 

Total

 

$

149,662

 

 

$

5

 

 

$

(66

)

 

$

149,601

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Long-term:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. agency bonds

 

$

54,756

 

 

$

113

 

 

$

(6

)

 

$

54,863

 

Total

 

$

54,756

 

 

$

113

 

 

$

(6

)

 

$

54,863