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Investments (Tables) | 6 Months Ended
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Jun. 30, 2025
Investments, Debt and Equity Securities [Abstract] |
Schedule of Available-for-sale Investments | Available-for-sale investments consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands):
|  | June 30, 2025 |
|  | Amortized Cost |  |  | Unrealized Gain |  |  | Unrealized Loss |  |  | Estimated Fair Value |
Short-term marketable securities |  |  |  |  |  |  |  |  |  |  |  |
Commercial paper |  | $ | 1,467 |  |  | $ | — |  |  | $ | (2 | ) |  | $ | 1,465 |
U.S. government treasury securities |  |  | 128,371 |  |  |  | 79 |  |  |  | (54 | ) |  |  | 128,396 |
Corporate bonds |  |  | 24,834 |  |  |  | 17 |  |  |  | (2 | ) |  |  | 24,849 |
Total short-term marketable securities |  | $ | 154,672 |  |  | $ | 96 |  |  | $ | (58 | ) |  | $ | 154,710 |
Long-term marketable securities |  |  |  |  |  |  |  |  |  |  |  |
U.S. government treasury securities |  | $ | 21,038 |  |  | $ | 29 |  |  | $ | (2 | ) |  | $ | 21,065 |
Corporate bonds |  |  | 3,027 |  |  |  | 8 |  |  |  | — |  |  |  | 3,035 |
Total long-term marketable securities |  | $ | 24,065 |  |  | $ | 37 |  |  | $ | (2 | ) |  | $ | 24,100 |
|  | December 31, 2024 |
|  | Amortized Cost |  |  | Unrealized Gain |  |  | Unrealized Loss |  |  | Estimated Fair Value |
Short-term marketable securities |  |  |  |  |  |  |  |  |  |  |  |
Commercial paper |  | $ | 2,476 |  |  | $ | 3 |  |  | $ | — |  |  | $ | 2,479 |
U.S. government treasury securities |  |  | 153,353 |  |  |  | 211 |  |  |  | (43 | ) |  |  | 153,521 |
Corporate bonds |  |  | 18,357 |  |  |  | 19 |  |  |  | (2 | ) |  |  | 18,374 |
Total short-term marketable securities |  | $ | 174,186 |  |  | $ | 233 |  |  | $ | (45 | ) |  | $ | 174,374 |
Long-term marketable securities |  |  |  |  |  |  |  |  |  |  |  |
U.S. government treasury securities |  | $ | 33,682 |  |  | $ | 27 |  |  | $ | (49 | ) |  | $ | 33,660 |
Total long-term marketable securities |  | $ | 33,682 |  |  | $ | 27 |  |  | $ | (49 | ) |  | $ | 33,660 |
Schedule of Gross Unrealized Holding Losses and Fair Values for Investments in Unrealized Loss Position | The following table presents the gross unrealized holding losses and fair values for investments in an unrealized loss position, and the length of time individual securities have been in a continuous loss position, as of June 30, 2025 (in thousands):
|  | Less Than 12 Months |  |  | 12 Months Or Greater |
|  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
Commercial paper |  | $ | 1,465 |  |  | $ | (2 | ) |  | $ | — |  |  | $ | — |
U.S. government treasury securities |  |  | 73,611 |  |  |  | (56 | ) |  |  | — |  |  |  | — |
Corporate bonds |  |  | 5,771 |  |  |  | (2 | ) |  |  | — |  |  |  | — |
Total available-for-sale securities |  | $ | 80,847 |  |  | $ | (60 | ) |  | $ | — |  |  | $ | — |

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