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Cash and Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2025
Cash and Cash Equivalents [Abstract]  
Summary of Reconciliation of Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets to the amount reported within the condensed consolidated statements of cash flows is shown in the table below (in thousands):
March 31, 2025March 31, 2024
Cash and cash equivalents$88,745 $93,299 
Restricted cash550 583 
Total cash, cash equivalents and restricted cash at the end of the period
$89,295 $93,882 
Summary of Marketable Securities
The amortized cost, unrealized holding gains and fair value of the Company’s marketable securities by major security type at each balance sheet date are summarized in the tables below (in thousands):
March 31, 2025
Amortized Cost
Unrealized Holding Gains, Net
Fair Value
Short-term marketable securities:
United States ("U.S.") agency securities
$90,700 $546 $91,246 
Corporate debt securities51,472 763 52,235 
Total short-term marketable securities$142,172 $1,309 $143,481 
December 31, 2024
Amortized Cost
Unrealized Holding Gains, Net
Fair Value
Short-term marketable securities:
U.S. agency securities$90,918 $1,648 $92,566 
Corporate debt securities55,046 718 55,764 
Total short-term marketable securities$145,964 $2,366 $148,330