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CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 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:
| June 30, 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 | $ | 17,669 |  |  | $ | — |  |  | $ | — |  |  | $ | 17,669 |  |  | $ | 16,282 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,282 |
Money market funds | 72,376 |  |  | — |  |  | — |  |  | 72,376 |  |  | 48,650 |  |  | — |  |  | — |  |  | 48,650 |
Total cash and cash equivalents | 90,045 |  |  | — |  |  | — |  |  | 90,045 |  |  | 64,932 |  |  | — |  |  | — |  |  | 64,932 |
Short-term investments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | 57,724 |  |  | $ | 6 |  |  | $ | (14) |  |  | $ | 57,716 |  |  | $ | 79,720 |  |  | $ | 58 |  |  | $ | (5) |  |  | $ | 79,773 |
U.S. government-sponsored agency bonds | 37,404 |  |  | — |  |  | (23) |  |  | 37,381 |  |  | 45,960 |  |  | 29 |  |  | (27) |  |  | 45,962 |
Commercial paper | 26,681 |  |  | — |  |  | (8) |  |  | 26,673 |  |  | 37,061 |  |  | 19 |  |  | (15) |  |  | 37,065 |
Corporate bonds | 20,880 |  |  | 5 |  |  | (3) |  |  | 20,882 |  |  | 17,415 |  |  | 4 |  |  | (6) |  |  | 17,413 |
Asset-backed securities | 5,756 |  |  | — |  |  | (1) |  |  | 5,755 |  |  | 2,983 |  |  | 2 |  |  | — |  |  | 2,985 |
Yankee bonds | — |  |  | — |  |  | — |  |  | — |  |  | 1,972 |  |  | — |  |  | (2) |  |  | 1,970 |
Total short-term investments | 148,445 |  |  | 11 |  |  | (49) |  |  | 148,407 |  |  | 185,111 |  |  | 112 |  |  | (55) |  |  | 185,168 |
Total cash, cash equivalents and investments | $ | 238,490 |  |  | $ | 11 |  |  | $ | (49) |  |  | $ | 238,452 |  |  | $ | 250,043 |  |  | $ | 112 |  |  | $ | (55) |  |  | $ | 250,100 |

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