v3.25.1
Investments (Tables)
3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-for-Sale
Cash equivalents, short-term and long-term investments as of March 31, 2025 were comprised as follows (in thousands):
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash equivalents and short-term investments:
Money market funds, included in cash equivalents$28,927 $— $— $28,927 
Commercial paper
46,305 16 (6)46,315 
Government securities
53,947 17 (9)53,955 
Corporate debt securities
113,555 171 (20)113,706 
Total cash equivalents and short-term investments242,734 204 (35)242,903 
Long-term investments:
Government securities9,887 27 — 9,914 
Corporate debt securities
16,055 31 — 16,086 
Total long-term investments25,942 58 — 26,000 
Total cash equivalents and investments$268,676 $262 $(35)$268,903 
Cash equivalents, short-term investments and long-term investments as of December 31, 2024 were comprised as follows (in thousands):
Amortized CostUnrealized GainsUnrealized LossesFair Value
Cash equivalents and short-term investments:
Money market funds, included in cash equivalents$23,324 $— $— $23,324 
Commercial paper
46,738 50 (15)46,773 
Government securities
59,130 48 (8)59,170 
Corporate debt securities
121,713 162 (21)121,854 
Total cash equivalents and short-term investments250,905 260 (44)251,121 
Long-term investments:
Government securities10,878 10 — 10,888 
Corporate debt securities
25,675 84 (14)25,745 
Total long-term investments36,553 94 (14)36,633 
Total cash equivalents and investments$287,458 $354 $(58)$287,754