Available-for-Sale Marketable Securities and Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Available-for-Sale Marketable Securities and Fair Value Measurements [Abstract]

Schedule of Fair Value Measurements on Cash Equivalents and Marketable Securities

The fair value measurements of the Company’s cash equivalents and marketable securities are identified at the following levels within the fair value hierarchy (in thousands):

	September 30, 2024
			Fair Value Measurement
	Total		Level 1		Level 2		Level 3
Cash equivalents:
Money market funds	$	60,991	$	60,991	$	—	$	—
Commercial paper		20,027		—		20,027		—
U.S. treasury securities		1,689		—		1,689		—
U.S. government agency    securities		694		—		694		—
Marketable securities, current:
U.S. treasury securities		21,722		—		21,722		—
U.S. government agency    securities		9,741		—		9,741		—
Commercial paper		9,838		—		9,838		—
Corporate debt securities		990		—		990		—
Marketable securities, non-current:
U.S. government agency    securities		6,022		—		6,022		—
Corporate debt securities		957		—		957		—
Total measured at fair value	$	132,671	$	60,991	$	71,680	$	—

	December 31, 2023
			Fair Value Measurement
	Total		Level 1		Level 2		Level 3
Cash equivalents:
Money market funds	$	86,574	$	86,574	$	—	$	—
Total measured at fair value	$	86,574	$	86,574	$	—	$	—

Summary of Available-for-Sale Marketable Securities by Major Type of Security

As of September 30, 2024, the following table summarizes the amortized cost and the unrealized gains (losses) of the available-for-sale marketable securities presented within marketable securities, marketable securities, non-current and cash equivalents (in thousands):

	Remaining								Aggregate
	Contractual								Estimated Fair
	Maturity (in years)	Amortized Cost		Unrealized Gains		Unrealized Losses			Value
Corporate securities	Less than 1	$	987	$	3	$	—		$	990
Commercial paper	Less than 1		29,851		16		(2	)		29,865
U.S. treasury securities	Less than 1		23,397		14		—			23,411
U.S. government agency    securities	Less than 1		10,406		30		(1	)		10,435
Total maturity less than 1 year			64,641		63		(3	)		64,701
Corporate debt securities	1 to 2		942		15		—			957
U.S. government agency    securities	1 to 2		5,921		101		—			6,022
Total		$	71,504	$	179	$	(3	)	$	71,680

Schedule of Unrealized Loss Positions of Available-for-Sale Marketable Securities

As of September 30, 2024, the following table summarizes available-for-sale marketable securities in an unrealized loss position (in thousands):

	Less than 12 Months
	Fair Value		Gross Unrealized Loss
Commercial paper	$	16,100	$	(2	)
U.S. treasury securities		5,023		—
U.S. government agency securities		1,592		(1	)
Total	$	22,715	$	(3	)