v3.25.1
Restricted Cash
3 Months Ended
Mar. 31, 2025
Cash and Cash Equivalents [Abstract]  
Restricted Cash Restricted Cash
The following table reconciles cash, cash equivalents, and restricted cash from the condensed consolidated balance sheets to the condensed consolidated statements of cash flows (in thousands):
March 31,
20252024
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents$155,212 $112,652 
Restricted cash included within prepaid expenses and other current assets— 179 
Restricted cash included within other non-current assets4,015 4,014 
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statements of cash flows$159,227 $116,845 
Restricted cash included within prepaid expenses and other current assets was restricted by an agreement with the Bill & Melinda Gates Foundation (“Gates Foundation”). As of December 31, 2024, the Company has fulfilled all of its obligations in the agreement, and all of the restrictions on these funds have lapsed. Restricted cash included within other non-current assets is held as collateral to secure a letter of credit for one of our office leases and is expected to be maintained as a security deposit throughout the duration of the lease.