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Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis and Level of Fair Value Hierarchy Utilized

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):

		Fair value measurements as of March 31, 2025
		Level 1				Level 2				Level 3				Total
Cash equivalents:
Money market funds		$	270,159			$	—			$	—			$	270,159
Total		$	270,159			$	—			$	—			$	270,159
Marketable Securities:
Corporate bonds		$	—			$	24,446			$	—			$	24,446
Commercial paper			—				14,775				—				14,775
US Government debt securities			—				66,275				—				66,275
Total		$	—			$	105,496			$	—			$	105,496

		Fair value measurements as of December 31, 2024
		Level 1				Level 2				Level 3				Total
Cash equivalents:
Money market funds		$	122,446			$	—			$	—			$	122,446
Total		$	122,446			$	—			$	—			$	122,446
Marketable Securities:
Corporate bonds		$	—			$	18,668			$	—			$	18,668
Commercial paper			—				6,944				—				6,944
US Government debt securities			—				93,128				—				93,128
Total		$	—			$	118,740			$	—			$	118,740

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- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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