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Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are as follows (in thousands):

			Fair Value Measurements at Reporting Date
			Total						Level 1						Level 2						Level 3
At December 31, 2025:
Cash equivalents
Money market funds			$	21,536					$	21,536					$	—					$	—
U.S. treasury securities			2,996						2,996						—						—
Total cash equivalents measured at fair value			$	24,532					$	24,532					$	—					$	—
Marketable securities
Corporate debt securities			$	114,102					$	—					$	114,102					$	—
U.S. treasury securities			89,726						89,726						—						—
Commercial paper			28,858						—						28,858						—
Asset-backed securities			21,282						—						21,282						—
U.S. government agency securities			13,200						—						13,200						—
Total marketable securities measured at fair value			$	267,168					$	89,726					$	177,442					$	—
At December 31, 2024:
Cash equivalents
Money market funds			$	17,693					$	17,693					$	—					$	—
U.S. government agency securities			999						—						999						—
U.S. treasury securities			997						997						—						—
Total cash equivalents measured at fair value			$	19,689					$	18,690					$	999					$	—
Marketable securities
Commercial paper			$	58,823					$	—					$	58,823					$	—
U.S. treasury securities			46,309						46,309						—						—
Corporate debt securities			43,669						—						43,669						—
U.S. government agency securities			40,071						—						40,071						—
Total marketable securities measured at fair value			$	188,872					$	46,309					$	142,563					$	—

Schedule of Marketable Securities

The following table presents the amortized cost and estimated fair market value of our cash equivalents and marketable securities as of the dates presented (in thousands):

			December 31, 2025
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Estimated Fair Value
Cash equivalents:
Money market funds			$	21,536					$	—					$	—					$	21,536
U.S. treasury securities			2,996						—						—						2,996
Marketable securities:
Corporate debt securities			$	114,066					$	63					$	(27)					$	114,102
U.S. treasury securities			89,572						154						—						89,726
Commercial paper			28,836						22						—						28,858
Asset-backed securities			21,257						26						(1)						21,282
U.S. government agency securities			13,195						5						—						13,200
Totals			$	291,458					$	270					$	(28)					$	291,700

			December 31, 2024
			Amortized Cost						Gross Unrealized Gains						Gross Unrealized Losses						Estimated Fair Value
Cash equivalents:
Money market funds			$	17,693					$	—					$	—					$	17,693
U.S. government agency securities			999						—						—						999
U.S. treasury securities			997						—						—						997
Marketable securities:
Commercial paper			$	58,798					$	56					$	(31)					$	58,823
U.S. treasury securities			46,231						80						(2)						46,309
Corporate debt securities			43,634						49						(14)						43,669
U.S. government agency securities			40,013						60						(2)						40,071
Totals			$	208,365					$	245					$	(49)					$	208,561

Schedule of Available-For-Sale Securities by Contractual Maturity Date

The following table presents available-for-sale securities by contractual maturity date as of December 31, 2025 (in thousands):

			December 31, 2025
			Amortized Cost						Estimated Fair Value
Due in one year or less			$	157,801					$	157,998
Due after one year but within five years			109,125						109,170
Total			$	266,926					$	267,168

Schedule of Preferred Stock Warrant Liability Activity

The following table presents activity for the preferred stock warrants liability during the year ended December 31, 2024 (in thousands):

			Preferred Stock Warrants Liability
Balance at December 31, 2023			$	871
Change in fair value			1,047
Conversion of preferred stock warrants liability to equity			(1,918)
Balance at December 31, 2024			$	—

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- 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).

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Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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