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Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value Disclosures [Abstract] |
Schedule of Cash Equivalents and Marketable Securities Classified as Available-for-Sale Securities Measured at Fair Value on Recurring Basis | Cash equivalents and marketable securities, all of which are classified as available-for-sale securities and measured at fair value on a recurring basis, consisted of the following (in thousands):
|  |  |  | As of December 31, 2024 |
|  | Fair Value Hierarchy Level |  | Amortized Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | Level 1 |  | $ | 152,776 |  |  | $ | — |  |  | $ | — |  |  | $ | 152,776 |
Corporate debt |  | Level 2 |  |  | 17,772 |  |  |  | 21 |  |  |  | (3 | ) |  |  | 17,790 |
Asset-backed securities |  | Level 2 |  |  | 3,820 |  |  |  | 5 |  |  |  | — |  |  |  | 3,825 |
Commercial paper |  | Level 2 |  |  | 16,795 |  |  |  | — |  |  |  | — |  |  |  | 16,795 |
U.S. government agency securities |  | Level 2 |  |  | 39,743 |  |  |  | 27 |  |  |  | — |  |  |  | 39,770 |
Subtotal |  |  |  |  | 230,906 |  |  |  | 53 |  |  |  | (3 | ) |  |  | 230,956 |
Less: Cash equivalents |  |  |  |  | (169,636 | ) |  |  | — |  |  |  | — |  |  |  | (169,636 | )
Marketable securities |  |  |  | $ | 61,270 |  |  | $ | 53 |  |  | $ | (3 | ) |  | $ | 61,320 |
|  |  |  | As of December 31, 2023 |
|  | Fair Value Hierarchy Level |  | Amortized Cost |  |  | Unrealized Gains |  |  | Unrealized Losses |  |  | Fair Value |
Financial assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money market funds |  | Level 1 |  | $ | 10,869 |  |  | $ | — |  |  | $ | — |  |  | $ | 10,869 |
Corporate debt |  | Level 2 |  |  | 19,531 |  |  |  | 37 |  |  |  | (9 | ) |  |  | 19,559 |
Asset-backed securities |  | Level 2 |  |  | 5,242 |  |  |  | 7 |  |  |  | (4 | ) |  |  | 5,245 |
Commercial paper |  | Level 2 |  |  | 59,828 |  |  |  | 7 |  |  |  | (8 | ) |  |  | 59,827 |
U.S. government agency securities |  | Level 2 |  |  | 63,206 |  |  |  | 91 |  |  |  | (18 | ) |  |  | 63,279 |
Subtotal |  |  |  |  | 158,676 |  |  |  | 142 |  |  |  | (39 | ) |  |  | 158,779 |
Less: Cash equivalents |  |  |  |  | (47,395 | ) |  |  | — |  |  |  | — |  |  |  | (47,395 | )
Marketable securities |  |  |  | $ | 111,281 |  |  | $ | 142 |  |  | $ | (39 | ) |  | $ | 111,384 |
Schedule of Remaining Contractual Maturities of Marketable Securities | The following table presents the remaining contractual maturities of the Company’s marketable securities as of December 31, 2024 (in thousands):
|  | December 31, 2024 |
Maturing in one year or less |  | $ | 61,320 |
Maturing after one year through five years |  |  | — |
Total |  | $ | 61,320 |

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