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Investments (Tables) | 12 Months Ended
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Dec. 31, 2024
Investments [Abstract] |
Schedule of Cash, Cash Equivalents and Marketable Securities | The following tables summarize our cash equivalents and marketable securities measured at fair value on a recurring basis (in thousands):
As of December 31, 2024 |
| Fair Value Hierarchy |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Cash Equivalents |  |  | Marketable Securities |
Money market funds | Level 2 |  | $ | 5,979 |  |  | $ | – |  |  | $ | – |  |  | $ | 5,979 |  |  | $ | 5,979 |  |  | $ | – |
Time deposits | Level 2 |  |  | 6,725 |  |  |  | 12 |  |  |  | – |  |  |  | 6,737 |  |  |  | – |  |  |  | 6,737 |
Commercial paper | Level 2 |  |  | 34,850 |  |  |  | 46 |  |  |  | (2 | ) |  |  | 34,894 |  |  |  | 3,147 |  |  |  | 31,747 |
Asset backed securities | Level 2 |  |  | 6,905 |  |  |  | 30 |  |  |  | – |  |  |  | 6,935 |  |  |  | – |  |  |  | 6,935 |
Government bonds | Level 2 |  |  | 80,509 |  |  |  | 62 |  |  |  | – |  |  |  | 80,571 |  |  |  | 46,848 |  |  |  | 33,723 |
Corporate debt securities | Level 2 |  |  | 179,882 |  |  |  | 190 |  |  |  | (42 | ) |  |  | 180,030 |  |  |  | – |  |  |  | 180,030 |
Total |  |  | $ | 314,850 |  |  | $ | 340 |  |  | $ | (44 | ) |  | $ | 315,146 |  |  | $ | 55,974 |  |  | $ | 259,172 |
As of December 31, 2023 |
| Fair Value Hierarchy |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Cash Equivalents |  |  | Marketable Securities |
Money market funds | Level 2 |  | $ | 4,450 |  |  | $ | – |  |  | $ | – |  |  | $ | 4,450 |  |  | $ | 4,450 |  |  | $ | – |
Time deposits | Level 2 |  |  | 23,628 |  |  |  | 73 |  |  |  | – |  |  |  | 23,701 |  |  |  | 330 |  |  |  | 23,371 |
Commercial paper | Level 2 |  |  | 126,307 |  |  |  | 143 |  |  |  | (28 | ) |  |  | 126,422 |  |  |  | 996 |  |  |  | 125,426 |
Government bonds | Level 2 |  |  | 23,014 |  |  |  | 15 |  |  |  | (13 | ) |  |  | 23,016 |  |  |  | – |  |  |  | 23,016 |
Corporate debt securities | Level 2 |  |  | 132,323 |  |  |  | 314 |  |  |  | (7 | ) |  |  | 132,630 |  |  |  | 2,142 |  |  |  | 130,488 |
Total |  |  | $ | 309,722 |  |  | $ | 545 |  |  | $ | (48 | ) |  | $ | 310,219 |  |  | $ | 7,918 |  |  | $ | 302,301 |
Summary of Scheduled Maturity for Marketable Securities | The following table shows the fair value of the Company’s cash equivalents and marketable securities, by contractual maturity, as of December 31, 2024 (in thousands):
| December 31, 2024 |
Due in 1 year or less | $ | 285,061 |
Due in 1 year through 5 years |  | 30,085 |
Total | $ | 315,146 |
Schedule of Investments Fair Values and Gross Unrealized Losses | The following table shows fair values and gross unrealized losses recorded to accumulated other comprehensive loss, aggregated by category and the length of time that individual securities have been in a continuous loss position (in thousands):
As of December 31, 2024 |
| Less than 12 months |  |  | 12 Months or Greater |  |  | Total |
| Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
Commercial paper | $ | 3,869 |  |  | $ | (2 | ) |  | $ | – |  |  | $ | – |  |  | $ | 3,869 |  |  | $ | (2 | )
Corporate debt securities |  | 32,443 |  |  |  | (42 | ) |  |  | – |  |  |  | – |  |  |  | 32,443 |  |  |  | (42 | )
Total | $ | 36,312 |  |  | $ | (44 | ) |  | $ | – |  |  | $ | – |  |  | $ | 36,312 |  |  | $ | (44 | )
As of December 31, 2023 |
| Less than 12 months |  |  | 12 Months or Greater |  |  | Total |
| Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
Time deposits | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |  |  | $ | – |
Commercial paper |  | 52,783 |  |  |  | (28 | ) |  |  | – |  |  |  | – |  |  |  | 52,783 |  |  |  | (28 | )
Government bonds |  | 9,986 |  |  |  | (13 | ) |  |  | – |  |  |  | – |  |  |  | 9,986 |  |  |  | (13 | )
Corporate debt securities |  | 16,078 |  |  |  | (7 | ) |  |  | – |  |  |  | – |  |  |  | 16,078 |  |  |  | (7 | )
Total | $ | 78,847 |  |  | $ | (48 | ) |  | $ | – |  |  | $ | – |  |  | $ | 78,847 |  |  | $ | (48 | )

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