Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Schedule of Financial Instruments Measured on Recurring Basis

The following table sets forth the fair value of the Company’s financial assets and liabilities by level within the fair value hierarchy (in thousands):

Description:	September 30, 2025		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)
Cash equivalents:
Money market funds	$	43,679	$	43,679	$	—	$	—
U.S. Treasury	18,346		18,346		—		—
Short-term investments:
U.S. Treasury	133,291		133,291		—		—
Corporate bonds	21,354		—		21,354		—
Commercial paper	13,808		—		13,808		—
Total	$	230,478	$	195,316	$	35,162	$	—

Description:	December 31, 2024		Quoted prices in active markets for identical assets (level 1)		Significant other observable inputs (level 2)		Significant unobservable inputs (level 3)
Cash equivalents:
Money market funds	$	61,722	$	61,722	$	—	$	—
U.S. Treasury	4,743		4,743		—		—
Short-term investments:
U.S. Treasury	161,477		161,477		—		—
Corporate bonds	1,977		—		1,977		—
Commercial paper	15,691		—		15,691		—
Total	$	245,610	$	227,942	$	17,668	$	—