FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Cash Equivalents and Short-Term Investments

The following tables present the Company’s cash equivalents and short-term investments by significant investment category and fair value level as of December 31, 2024 and 2023 (in thousands):

	December 31, 2024
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Level 1:
Money market funds	$	34,267	$	—	$	—	$	34,267
U.S. government securities	98,716		81		(2)		98,795
Level 2:
Corporate paper	60,669		16		(11)		60,674
Total	$	193,652	$	97	$	(13)	$	193,736

	December 31, 2023
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Level 1:
Money market funds	$	117,328	$	—	$	—	$	117,328
U.S. government securities	64,630		12		—		64,642
Level 2:
Corporate paper	37,888		—		(7)		37,881
Total	$	219,846	$	12	$	(7)	$	219,851