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Short-Term Investments (Tables)
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Summary of Short-term Investments Classified as Available-for-sale Securities

The following is a summary of short-term investments, which were classified as available-for-sale securities as of December 31, 2024 and 2023:

 

 

 

December 31, 2024

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

U.S. government securities

 

$

119,603

 

 

$

55

 

 

$

(29

)

 

$

119,629

 

Total short-term investments

 

$

119,603

 

 

$

55

 

 

$

(29

)

 

$

119,629

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

U.S. government securities

 

$

33,213

 

 

$

3

 

 

$

(3

)

 

$

33,213

 

U.S. government agency securities

 

 

13,277

 

 

 

2

 

 

 

(2

)

 

 

13,277

 

Total short-term investments

 

$

46,490

 

 

$

5

 

 

$

(5

)

 

$

46,490