Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are as follows (in thousands):

	Fair Value Measurements at Reporting Date
	Total		Level 1		Level 2		Level 3
At December 31, 2024:
Cash equivalents
Money market funds	$	17,693	$	17,693	$	—	$	—
U.S. government securities	999		—		999		—
U.S. treasury securities	997		997		—		—
Total cash equivalents measured at fair value	$	19,689	$	18,690	$	999	$	—
Marketable securities
Commercial paper	$	58,823	$	—	$	58,823	$	—
U.S. treasury securities	46,309		46,309		—		—
Corporate debt securities	43,669		—		43,669		—
U.S. government agency securities	40,071		—		40,071		—
Total marketable securities measured at fair value	$	188,872	$	46,309	$	142,563	$	—
At December 31, 2023:
Cash equivalents
Money market funds	$	7,962	$	7,962	$	—	$	—
Total cash equivalents measured at fair value	$	7,962	$	7,962	$	—	$	—
Marketable securities
Commercial paper	$	18,751	$	—	$	18,751	$	—
U.S. government agency securities	9,925		—		9,925		—
U.S. treasury securities	1,978		1,978		—		—
Total marketable securities measured at fair value	$	30,654	$	1,978	$	28,676	$	—
Liabilities
Convertible preferred stock warrants	$	871	$	—	$	—	$	871
Total liabilities measured at fair value	$	871	$	—	$	—	$	871

Schedule of Marketable Securities

The following table presents the amortized cost and estimated fair market value of our cash equivalents and marketable securities as of the dates presented (in thousands):

	December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Cash equivalents:
Money market funds	$	17,693	$	—	$	—	$	17,693
U.S. government securities	999		—		—		999
U.S. treasury securities	997		—		—		997
Marketable securities:
Commercial paper	$	58,798	$	56	$	(31)	$	58,823
U.S. treasury securities	46,231		80		(2)		46,309
Corporate debt securities	43,634		49		(14)		43,669
U.S. government agency securities	40,013		60		(2)		40,071
Totals	$	208,365	$	245	$	(49)	$	208,561

	December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Marketable securities:
Commercial paper	$	18,742	$	9	$	—	$	18,751
U.S. government agency securities	9,927		1		(3)		9,925
U.S. treasury securities	1,977		1		—		1,978
Totals	$	30,646	$	11	$	(3)	$	30,654

Investments Classified by Contractual Maturity Date

The following table presents available-for-sale securities by contractual maturity date as of December 31, 2024 (in thousands):

	December 31, 2024
	Amortized Cost		Estimated Fair Value
Due in one year or less	$	173,772	$	173,959
Due after one year but within five years	14,904		14,913
Total	$	188,676	$	188,872

Schedule of Preferred Stock Warrant Liability Activity

The following table presents activity for the preferred stock warrants liability during the year ended December 31, 2024 (in thousands):

	Preferred Stock Warrants Liability
Balance at December 31, 2023	$	871
Change in fair value	1,047
Conversion of preferred stock warrants liability to equity	(1,918)
Balance at December 31, 2024	$	—