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Short-term Investments (Tables)
3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Cash Equivalents and Short-Term Investments Measured at Fair Value
The following table summarizes, by major security type, our cash equivalents that are measured at fair value on a recurring basis as of March 31, 2025 (in thousands):
Amortized CostUnrealized GainsUnrealized LossesFair ValueCash equivalentsShort-term Investments
(unaudited)
Money market funds$338,163 $— $— $338,163 $338,163 $— 

The following table summarizes, by major security type, our cash equivalents and short-term investments that are measured at fair value on a recurring basis as of December 31, 2024 (in thousands):

Amortized CostUnrealized GainsUnrealized LossesFair ValueCash equivalentsShort-term Investments
Money market funds$186,872 $— $— $186,872 $186,872 $— 
U.S. treasury notes177,129 70 — 177,199 58,386 118,813 
Commercial paper13,940 — 13,941 — 13,941 
Corporate bonds9,598 — 9,601 — 9,601 
Total$387,539 $74 $— $387,613 $245,258 $142,355 

The following table presents the contractual maturities of our short-term investments as of March 31, 2025 and December 31, 2024 (in thousands):
As of March 31, 2025As of December 31, 2024
Amortized CostFair ValueAmortized CostFair Value
(unaudited)
Due within one year$— $— $142,294 $142,355 
Total$— $— $142,294 $142,355