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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2024

Summary of Significant Accounting Policies

Schedule of financial instruments measured at fair value by level within fair value hierarchy


									Significant
						Quoted Prices			other			Significant
						in active			observable			unobservable
						markets			inputs			inputs
			Total			(Level 1)			(Level 2)			(Level 3)
December 31, 2024
Assets
Cash equivalents:
Money market funds		$	36,153		$	36,153		$	—		$	—
Commercial paper			1,993						1,993
Marketable securities:
Corporate debt securities			82,679			—			82,679			—
Government-sponsored securities			6,560			—			6,560			—
Commercial paper			2,959			—			2,959			—
Total assets measured at fair value		$	130,344		$	36,153		$	94,191		$	—
Liabilities
Contingent consideration			1,182			—			—			1,182
Total liabilities measured at fair value		$	1,182		$	—		$	—		$	1,182

December 31, 2023
Assets
Cash equivalents:
Money market funds		$	77,299		$	77,299		$	—		$	—
U.S. Treasury securities			4,729			—			4,729			—
Marketable securities:
Corporate debt securities			41,612			—			41,612			—
U.S. Treasury securities			25,468			—			25,468			—
Government-sponsored securities			4,521			—			4,521			—
Total assets measured at fair value		$	153,629		$	77,299		$	76,330		$	—

Schedule of a reconciliation of the beginning and ending balances related to the contingent consideration


			Ironshore Acquisition Contingent Consideration
Balance as of December 31, 2023		$	—
Acquisition date fair value			4,096
Gain on fair value remeasurement of contingent consideration			(2,914)
Balance as of December 31, 2024		$	1,182

Schedule of estimated useful lives of property and equipment


Asset Category		Estimated Useful Life
Computers and office equipment		3-5 years
Laboratory equipment		5 years
Furniture and fixtures		7 years
Manufacturing equipment		5-13 years
Leasehold improvements		Lesser of remaining lease term and estimated useful life