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Marketable Securities (Tables) | 3 Months Ended
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Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract] |
Schedule of Available-For-Sale Investments by Type of Security | The fair value of available-for-sale marketable securities by type of security was as follows (in thousands):
|  | March 31, 2026
|  | Amortized Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
Marketable Securities: |  |  |  |  |  |  |  |
U.S. Treasury Bills |  | $ | 163,516 |  |  | $ | 2 |  |  | $ | (74) |  |  | $ | 163,444 |
Total marketable securities with original maturity of one year or less |  | 163,516 |  |  | 2 |  |  | (74) |  |  | 163,444 |
U.S. Treasury Bills |  | 53,018 |  |  | — |  |  | (171) |  |  | 52,847 |
Total marketable securities with original maturity of one to two years |  | 53,018 |  |  | — |  |  | (171) |  |  | 52,847 |
Total marketable securities |  | $ | 216,534 |  |  | $ | 2 |  |  | $ | (245) |  |  | $ | 216,291 |
|  | December 31, 2025
|  | Amortized Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
Marketable Securities: |  |  |  |  |  |  |  |
U.S. Treasury Bills |  | $ | 233,672 |  |  | $ | 146 |  |  | $ | — |  |  | $ | 233,818 |
Total marketable securities with original maturity of one year or less |  | 233,672 |  |  | 146 |  |  | — |  |  | 233,818 |
U.S. Treasury Bills |  | 84,201 |  |  | 97 |  |  | — |  |  | 84,298 |
Total marketable securities with original maturity of one to two years |  | 84,201 |  |  | 97 |  |  | — |  |  | 84,298 |
Total marketable securities |  | $ | 317,873 |  |  | $ | 243 |  |  | $ | — |  |  | $ | 318,116 |
Schedule of Available-For-Sale Securities in an Unrealized Loss Position | The following table summarizes the Company's available-for-sale securities in an unrealized loss position, aggregated by type and length of time in a continuous unrealized position (in thousands):
|  | March 31, 2026
|  | Less than 12 Months |  | 12 Months or Longer |  | Total
|  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
Marketable Securities: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury Bills |  | $ | 156,241 |  |  | $ | (245) |  |  | $ | — |  |  | $ | — |  |  | $ | 156,241 |  |  | $ | (245) |
Total |  | $ | 156,241 |  |  | $ | (245) |  |  | $ | — |  |  | $ | — |  |  | $ | 156,241 |  |  | $ | (245) |

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