Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2024

Cash and Cash Equivalents [Abstract]

Schedule of Fair Value of Marketable Securities

The following table summarizes the fair value of marketable securities held by the Company and their location in the Company’s consolidated balance sheet (in thousands):

	December 31, 2024		December 31, 2023
Marketable debt securities
Included within cash and cash equivalents	$	17,432	$	8,856
Included within marketable securities	$	1,992	$	—
Marketable equity securities
Included within marketable securities	$	24	$	50

Summary of Available for Sale Debt Securities

The following tables summarize the available-for-sale debt securities classified within cash and cash equivalents and within marketable securities in the Company’s consolidated balance sheet as of December 31, 2024 and 2023 (in thousands):

	December 31, 2024
Financial Assets:	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities	$	19,420	$	4	$	—	$	19,424
Total	$	19,420	$	4	$	—	$	19,424

	December 31, 2023
Financial Assets:	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
U.S. Treasury securities	$	8,855	$	1	$	—	$	8,856
Total	$	8,855	$	1	$	—	$	8,856

Schedule of Amortized Cost and Estimated Fair Value of Available-for-sale Debt Securities by Contractual Maturity

As of December 31, 2024, the amortized cost and estimated fair value of the Company’s available-for-sale debt securities by contractual maturity are shown below (in thousands):

Available-for-sale debt securities maturing:	Amortized Cost		Estimated Fair Value
In one year or less	$	19,420	$	19,424
Total available-for-sale debt securities	$	19,420	$	19,424

Schedule of Marketable Equity Securities

The following table represents the realized and unrealized loss on marketable equity securities for the periods presented (in thousands):

	Year Ended December 31,
	2024			2023
Loss on marketable equity securities, net	$	(8	)	$	(176	)
Less: Loss recognized in earnings on marketable equity securities sold		4			23
Unrealized loss recognized on marketable equity securities held at    end of period, net	$	(4	)	$	(153	)