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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2025
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on Recurring Basis | The following tables present the Company’s fair value hierarchy for its assets that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value (in thousands):
| Fair Value Measurements at March 31, 2025
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Cash equivalents: (1) |  |  |  |  |  |  |
Money market funds | $ | 67,197 |  | $ | — |  | $ | — |  | $ | 67,197
Marketable securities: |  |  |  |  |  |  |
U.S. government agency securities and treasuries | — |  | 265,281 |  | — |  | 265,281
Corporate bonds | — |  | 49,397 |  | — |  | 49,397
Total | $ | 67,197 |  | $ | 314,678 |  | $ | — |  | $ | 381,875
| Fair Value Measurements at December 31, 2024
| Level 1 |  | Level 2 |  | Level 3 |  | Total
Cash equivalents: (1) |  |  |  |  |  |  |
Money market funds | $ | 100,711 |  | $ | — |  | $ | — |  | $ | 100,711
Marketable securities: |  |  |  |  |  |  |
U.S. government agency securities and treasuries | $ | — |  | $ | 253,628 |  | $ | — |  | $ | 253,628
Corporate bonds | — |  | 65,159 |  | — |  | 65,159
Total | $ | 100,711 |  | $ | 318,787 |  | $ | — |  | $ | 419,498
(1)The cash equivalent amounts above do not include $0.6 million and $0.5 million of cash related to checking accounts included in cash and cash equivalents as of March 31, 2025 and December 31, 2024, respectively. These amounts are excluded as no valuation is needed for cash in checking accounts.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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