Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value

The following tables present information about the Company’s financial assets that have been measured at fair value as of December 31, 2025 and 2024 (in thousands):

Description	Level 1		Level 2		Level 3		December 31, 2025
Assets:
U.S. Treasury Bills	$	—	$	318,116	$	—	$	318,116
Money market funds included within cash and cash equivalents	93,595		—		—		93,595
Total	$	93,595	$	318,116	$	—	$	411,711

Description	Level 1		Level 2		Level 3		December 31, 2024
Assets:
Money market funds included within cash and cash equivalents	$	485,168	$	—	$	—	$	485,168
Total	$	485,168	$	—	$	—	$	485,168