v3.25.1
Fair Value Measurements - Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Financial assets:    
Fair Value $ 308,106 $ 358,553
Marketable equity security 4 30
Total financial assets 308,110 358,583
Financial liabilities:    
Contingent consideration payable 6,389 7,600
Success payment liabilities 286 411
Total financial liabilities 6,675 8,011
U.S. Treasury securities    
Financial assets:    
Fair Value 176,580 226,271
U.S. government agency securities    
Financial assets:    
Fair Value 26,314 36,815
Corporate debt securities    
Financial assets:    
Fair Value 35,897 21,492
Money market funds    
Financial assets:    
Money market funds 69,315 73,975
Level 1    
Financial assets:    
Marketable equity security 4 30
Total financial assets 69,319 74,005
Financial liabilities:    
Contingent consideration payable 0 0
Success payment liabilities 0 0
Total financial liabilities 0 0
Level 1 | U.S. Treasury securities    
Financial assets:    
Fair Value 0 0
Level 1 | U.S. government agency securities    
Financial assets:    
Fair Value 0 0
Level 1 | Corporate debt securities    
Financial assets:    
Fair Value 0 0
Level 1 | Money market funds    
Financial assets:    
Money market funds 69,315 73,975
Level 2    
Financial assets:    
Marketable equity security 0 0
Total financial assets 238,791 284,578
Financial liabilities:    
Contingent consideration payable 0 0
Success payment liabilities 0 0
Total financial liabilities 0 0
Level 2 | U.S. Treasury securities    
Financial assets:    
Fair Value 176,580 226,271
Level 2 | U.S. government agency securities    
Financial assets:    
Fair Value 26,314 36,815
Level 2 | Corporate debt securities    
Financial assets:    
Fair Value 35,897 21,492
Level 2 | Money market funds    
Financial assets:    
Money market funds 0 0
Level 3    
Financial assets:    
Marketable equity security 0 0
Total financial assets 0 0
Financial liabilities:    
Contingent consideration payable 6,389 7,600
Success payment liabilities 286 411
Total financial liabilities 6,675 8,011
Level 3 | U.S. Treasury securities    
Financial assets:    
Fair Value 0 0
Level 3 | U.S. government agency securities    
Financial assets:    
Fair Value 0 0
Level 3 | Corporate debt securities    
Financial assets:    
Fair Value 0 0
Level 3 | Money market funds    
Financial assets:    
Money market funds $ 0 $ 0