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CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables) | 3 Months Ended
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Mar. 31, 2025
Cash and Cash Equivalents [Abstract] |
Schedule of Securities Classified as Cash, Cash Equivalents and Short-Term Investments | The following table summarizes our cash, cash equivalents and short-term investments:
| March 31, 2025 |  | December 31, 2024
|  |  | Gross Unrealized |  |  |  |  |  | Gross Unrealized |  |
(in thousands) | Amortized Cost |  | Gains |  | Losses |  | Fair Value |  | Amortized Cost |  | Gains |  | Losses |  | Fair Value
Cash and cash equivalents |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash | $ | 8,318 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,318 |  |  | $ | 16,282 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,282 |
Money market funds | 22,490 |  |  | — |  |  | — |  |  | 22,490 |  |  | 48,650 |  |  | — |  |  | — |  |  | 48,650 |
Total cash and cash equivalents | 30,808 |  |  | — |  |  | — |  |  | 30,808 |  |  | 64,932 |  |  | — |  |  | — |  |  | 64,932 |
Short-term investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | 72,431 |  |  | $ | 43 |  |  | $ | (3) |  |  | $ | 72,471 |  |  | $ | 79,720 |  |  | $ | 58 |  |  | $ | (5) |  |  | $ | 79,773 |
U.S. government-sponsored agency bonds | 41,852 |  |  | 4 |  |  | (26) |  |  | 41,830 |  |  | 45,960 |  |  | 29 |  |  | (27) |  |  | 45,962 |
Commercial paper | 33,026 |  |  | 2 |  |  | (3) |  |  | 33,025 |  |  | 37,061 |  |  | 19 |  |  | (15) |  |  | 37,065 |
Corporate bonds | 28,077 |  |  | 7 |  |  | (2) |  |  | 28,082 |  |  | 17,415 |  |  | 4 |  |  | (6) |  |  | 17,413 |
Asset-backed securities | 5,752 |  |  | — |  |  | (3) |  |  | 5,749 |  |  | 2,983 |  |  | 2 |  |  | — |  |  | 2,985 |
Yankee bonds | 1,988 |  |  | — |  |  | (1) |  |  | 1,987 |  |  | 1,972 |  |  | — |  |  | (2) |  |  | 1,970 |
Total short-term investments | 183,126 |  |  | 56 |  |  | (38) |  |  | 183,144 |  |  | 185,111 |  |  | 112 |  |  | (55) |  |  | 185,168 |
Total cash, cash equivalents and investments | $ | 213,934 |  |  | $ | 56 |  |  | $ | (38) |  |  | $ | 213,952 |  |  | $ | 250,043 |  |  | $ | 112 |  |  | $ | (55) |  |  | $ | 250,100 |

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