Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Summary of Financial Assets Fair Value Measurement on Recurring Basis

The following table presents the Company’s financial assets, which consist of cash equivalents and investments classified as available-for-sale investments, that are measured at fair value on a recurring basis (in thousands):

	June 30, 2025
	Level	Amortized Cost		Unrealized Gain		Unrealized Loss			Estimated Fair Value
Cash equivalents:
Money market funds	Level 1	$	5,755	$	—	$	—		$	5,755
Short-term investments:
U.S. Treasury securities	Level 1		15,542		16		—			15,558
U.S. Treasury securities	Level 2		3,896		5		—			3,901
Commercial paper	Level 2		21,257				(4	)		21,253
Corporate debt securities	Level 2		3,984		1		(1	)		3,984
Long-term investments:
U.S. Treasury securities	Level 1		8,293		9		(1	)		8,301
Total		$	58,727	$	31	$	(6	)	$	58,752

	December 31, 2024
	Level	Amortized Cost		Unrealized Gain		Unrealized Loss			Estimated Fair Value
Cash equivalents:
Money market funds	Level 1	$	10,127	$	—	$	—		$	10,127
Short-term investments:
U.S. Treasury securities	Level 1		25,906		24		—			25,930
Commercial paper	Level 2		30,842		11		(14	)		30,839
U.S. Government agency securities	Level 2		3,499		6		—			3,505
Corporate debt securities	Level 2		1,991		2		—			1,993
Long-term investments:
U.S. Treasury securities	Level 1		5,019		2		—			5,021
Total		$	77,384	$	45	$	(14	)	$	77,415