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Investments (Tables)
 12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments nvestments consisted of the following (in thousands):

 

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

As of December 31, 2024

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

41,535

 

 

$

73

 

 

$

(11

)

 

$

41,597

 

Agency bonds

 

 

1,714

 

 

 

5

 

 

 

—

 

 

 

1,719

 

Total short-term investments

 

$

43,249

 

 

$

78

 

 

$

(11

)

 

$

43,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

15,846

 

 

$

3

 

 

$

(41

)

 

$

15,808

 

Total investments

 

$

15,846

 

 

$

3

 

 

$

(41

)

 

$

15,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

35,286

 

 

$

25

 

 

$

(13

)

 

$

35,298

 

Agency bonds

 

 

5,026

 

 

 

6

 

 

 

—

 

 

 

5,032

 

Total short-term investments

 

$

40,312

 

 

$

31

 

 

$

(13

)

 

$

40,330

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

23,594

 

 

$

143

 

 

$

(9

)

 

$

23,728

 

Total investments

 

$

23,594

 

 

$

143

 

 

$

(9

)

 

$

23,728