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Basis of Presentation and Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Cash

$

2,651

 

 

$

8,488

 

Cash equivalents

 

46,847

 

 

 

216,622

 

Cash and cash equivalents

 

 

49,498

 

 

 

225,110

 

Restricted cash

 

1,032

 

 

 

1,032

 

Cash, cash equivalents and restricted cash

$

50,530

 

 

$

226,142

 

Schedule of Useful Lives of Property and Equipment

The useful lives of the property and equipment are as follows:

 

Computer equipment

 

3 years

Lab equipment and furniture and fixtures

 

5 years

Leasehold improvements

 

Shorter of remaining lease term or estimated useful life