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Fair Value Measurement (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items] |
Summary of fair value measurements on a recurring basis and the level of inputs | The Company’s financial assets and liabilities subject to fair value measurements on a recurring basis and the level of inputs used for such measurements were as follows (in thousands):
|  | Fair Value Measured as of |
|  | December 31, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Cash, cash equivalents and restricted cash: |  |  |  |  |  |  |  |  |  |  |  |
Cash and money market funds(1) |  | $ | 33,204 |  |  | $ | — |  |  | $ | — |  |  | $ | 33,204 |
US government and agency |  |  | — |  |  |  | 23,636 |  |  |  | — |  |  |  | 23,636 |
Total cash, cash equivalents and restricted cash |  | $ | 33,204 |  |  | $ | 23,636 |  |  | $ | — |  |  | $ | 56,840 |
Short-term investments: |  |  |  |  |  |  |  |  |  |  |  |
Corporate notes and bonds |  |  | — |  |  |  | 43,868 |  |  |  | — |  |  |  | 43,868 |
US government and agency |  |  | — |  |  |  | 242,028 |  |  |  | — |  |  |  | 242,028 |
Total short-term investments |  | $ | — |  |  | $ | 285,896 |  |  | $ | — |  |  | $ | 285,896 |
Long-term investments: |  |  |  |  |  |  |  |  |  |  |  |
Corporate notes and bonds |  |  | — |  |  |  | 1,924 |  |  |  | — |  |  |  | 1,924 |
US government and agency |  |  | — |  |  |  | 21,621 |  |  |  | — |  |  |  | 21,621 |
Total long-term investments |  | $ | — |  |  | $ | 23,545 |  |  | $ | — |  |  | $ | 23,545 |
Total assets |  | $ | 33,204 |  |  | $ | 333,077 |  |  | $ | — |  |  | $ | 366,281 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Public warrants |  | $ | 70,688 |  |  | $ | — |  |  | $ | — |  |  | $ | 70,688 |
|  | Fair Value Measured as of |
|  | December 31, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Cash, cash equivalents and restricted cash: |  |  |  |  |  |  |  |  |  |  |  |
Cash and money market funds(1) |  | $ | 25,131 |  |  | $ | — |  |  | $ | — |  |  | $ | 25,131 |
US government and agency |  |  | — |  |  |  | 12,950 |  |  |  | — |  |  |  | 12,950 |
Total cash, cash equivalents and restricted cash |  | $ | 25,131 |  |  | $ | 12,950 |  |  | $ | — |  |  | $ | 38,081 |
Short-term investments: |  |  |  |  |  |  |  |  |  |  |  |
Commercial paper |  |  | — |  |  |  | 16,360 |  |  |  | — |  |  |  | 16,360 |
Corporate notes and bonds |  |  | — |  |  |  | 130,423 |  |  |  | — |  |  |  | 130,423 |
Municipal bonds |  |  | — |  |  |  | 4,947 |  |  |  | — |  |  |  | 4,947 |
US government and agency |  |  | — |  |  |  | 168,046 |  |  |  | — |  |  |  | 168,046 |
Total short-term investments |  | $ | — |  |  | $ | 319,776 |  |  | $ | — |  |  | $ | 319,776 |
Long-term investments: |  |  |  |  |  |  |  |  |  |  |  |
Corporate notes and bonds |  |  | — |  |  |  | 44,554 |  |  |  | — |  |  |  | 44,554 |
US government and agency |  |  | — |  |  |  | 55,935 |  |  |  | — |  |  |  | 55,935 |
Total long-term investments |  | $ | — |  |  | $ | 100,489 |  |  | $ | — |  |  | $ | 100,489 |
Total assets |  | $ | 25,131 |  |  | $ | 433,215 |  |  | $ | — |  |  | $ | 458,346 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Public warrants |  | $ | 23,004 |  |  | $ | — |  |  | $ | — |  |  | $ | 23,004 |
(1) Includes money market funds associated with the Company’s overnight investment sweep account and cash collateralizing the Company's letter of credit and corporate credit cards.

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- Definition Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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