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Investments (Tables)
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments Classified as Available-for-Sale
Our investments, which are all classified as available-for-sale, consisted of the following:
 As of December 31, 2024
 Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
 (in thousands)
Description:
U.S government agencies$224,187 $328 $(216)$224,299 
Total$224,187 $328 $(216)$224,299 
 As of December 31, 2023
 Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
 (in thousands)
Description:
U.S government agencies$222,820 $467 $(65)$223,222 
Agency bonds2,500 — (7)2,493 
Total$225,320 $467 $(72)$225,715