XML 47 R33.htm IDEA: XBRL DOCUMENT
v3.25.2

Investments and Fair Value Measurements (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Components of Investments | The components of our cash, cash equivalents, and investments as of June 30, 2025 are as follows (in thousands):
| As of June 30, 2025
| Fair Value Measurement |  | Balance Sheet Classification
| Fair Value Level |  | Cost Basis |  | Unrealized Gains (Losses) |  | Fair Value |  | Cash and Cash Equivalents |  | Short-term Investments and Marketable Securities |  |
Cash | Level 1 |  | $ | 108,020 |  |  | $ | — |  |  | $ | 108,020 |  |  | $ | 108,020 |  |  | $ | — |  |  |
Money market fund | Level 1 |  | 4,187 |  |  | — |  |  | 4,187 |  |  | 4,187 |  |  | — |  |  |
U.S. Treasury bonds | Level 1 |  | 43,929 |  |  | (1) |  |  | 43,928 |  |  | — |  |  | 43,928 |  |  |
Commercial paper | Level 2 |  | 7,994 |  |  | (1) |  |  | 7,993 |  |  | — |  |  | 7,993 |  |  |
Corporate bonds | Level 2 |  | 20,623 |  |  | 2 |  |  | 20,625 |  |  | — |  |  | 20,625 |  |  |
Total investments |  |  | $ | 184,753 |  |  | $ | — |  |  | $ | 184,753 |  |  | $ | 112,207 |  |  | $ | 72,546 |  |  |
At December 31, 2024, our investments consisted of the following (in thousands):
| As of December 31, 2024
| Fair Value Measurement |  | Balance Sheet Classification
| Fair Value Level |  | Cost Basis |  | Unrealized Gains (Losses) |  | Fair Value |  | Cash and Cash Equivalents |  | Short-term Investments and Marketable Securities |  |
Cash | Level 1 |  | $ | 106,338 |  |  | $ | — |  |  | $ | 106,338 |  |  | $ | 106,338 |  |  | $ | — |  |  |
Money market fund | Level 1 |  | 12,214 |  |  | — |  |  | 12,214 |  |  | 12,214 |  |  | — |  |  |
U.S. Treasury bonds | Level 1 |  | 24,376 |  |  | 26 |  |  | 24,402 |  |  | — |  |  | 24,402 |  |  |
Commercial paper | Level 2 |  | 2,974 |  |  | 3 |  |  | 2,977 |  |  | — |  |  | 2,977 |  |  |
Corporate bonds | Level 2 |  | 13,900 |  |  | 29 |  |  | 13,929 |  |  | — |  |  | 13,929 |  |  |
Total investments |  |  | $ | 159,802 |  |  | $ | 58 |  |  | $ | 159,860 |  |  | $ | 118,552 |  |  | $ | 41,308 |  |  |

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration