Available-for-Sale Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-Sale Marketable Securities

The following table summarizes the amortized cost, unrealized gains and losses and fair value of the Company’s available-for-sale marketable securities as of June 30, 2025 (in thousands):

	Total		Total		Total			Total
	Amortized		Unrealized		Unrealized			Estimated
As of June 30, 2025:	Cost		Gains		Losses			Fair Value
Money market funds ($28,274 included in cash and cash equivalents)	$	28,274	$	—	$	—		$	28,274
U.S. Treasury bills ($9,598 included in cash and cash equivalents)		167,852		4		(22	)		167,834
Corporate debt obligations ($14,194 included in cash and cash equivalents)		14,195		—		(1	)		14,194
Total available-for-sale marketable securities	$	210,321	$	4	$	(23	)	$	210,302

The following table summarizes the amortized cost, unrealized gains and losses and fair value of the Company’s available-for-sale marketable securities as of December 31, 2024 (in thousands):

	Total		Total		Total			Total
	Amortized		Unrealized		Unrealized			Estimated
As of December 31, 2024	Cost		Gains		Losses			Fair Value
Money market funds (included in cash and cash equivalents)	$	36,745	$	—	$	—		$	36,745
U.S. Treasury obligations ($25,426 included in cash and cash equivalents)		214,677		107		—			214,784
Corporate debt obligations (included in cash and cash equivalents)		33,912		—		(2	)		33,910
Total available for sale marketable securities	$	285,334	$	107	$	(2	)	$	285,439