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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2024
Fair Value Disclosures [Abstract]  
Schedule of Classifications of Fair Value Hierarchy We classify the inputs used to measure fair value into the following hierarchy:
Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities.
Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities; unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability.
Level 3 Unobservable inputs for the asset or liability.
Schedule of Financial Assets Measured at Fair Value on a Recurring Basis
Our financial assets measured at fair value on a recurring basis are summarized below by their classification within the fair value hierarchy as follows (in thousands):
 December 31, 2024
 Carrying ValueLevel 1Level 2Level 3Total
Assets
Cash equivalents
Money market funds$15,090 $15,090 $— $— $15,090 
Commercial paper10,562 — 10,562 — 10,562 
Government securities2,618 — 2,618 — 2,618 
Short-term marketable securities
Commercial paper17,799 — 17,799 — 17,799 
Government securities25,244 — 25,244 — 25,244 
Total assets measured at fair value$71,313 $15,090 $56,223 $— $71,313 

December 31, 2023
Carrying ValueLevel 1Level 2Level 3Total
Assets
Cash equivalents
Money market funds$11,576 $11,576 $— $— $11,576 
Commercial paper86,090 — 86,090 — 86,090 
Government securities10,942 — 10,942 — 10,942 
Short-term marketable securities
Government securities5,930 — 5,930 — 5,930 
Total assets measured at fair value$114,538 $11,576 $102,962 $— $114,538 
Schedule of Contractual Maturities
The following table summarizes our cash equivalents and available-for-sale debt securities by contractual maturity (in thousands):
As of December 31, 2024As of December 31, 2023
Amortized CostFair ValueAmortized CostFair Value
Due in 1 year$71,297 $71,313 $114,577 $114,538 
Schedule of Unrealized Gains and Losses
Unrealized gains and losses on available-for-sale debt securities that are not credit related are included in accumulated other comprehensive loss and summarized as follows (in thousands):

December 31, 2024
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash equivalents
Money market funds$15,090 $— $— $15,090 
Commercial paper10,565 — (3)10,562 
Government securities2,618 — — 2,618 
Short-term marketable securities
Commercial paper17,792 — 17,799 
Government securities25,232 12 — 25,244 
Total$71,297 $19 $(3)$71,313 

December 31, 2023
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash equivalents
Money market funds$11,576 $— $— $11,576 
Commercial paper86,132 — (42)86,090 
Government securities
10,940 — 10,942 
Short-term marketable securities
Government securities
5,929 — 5,930 
Total$114,577 $$(42)$114,538