v3.25.1
INVESTMENTS (Tables)
 3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-for-sale
The following tables summarize the fair value and amortized cost of the Company’s cash equivalents and available-for-sale securities by major security type (in thousands):

As of March 31, 2025
Amortized Cost
Unrealized Gains
Aggregate Fair Value
Assets:
U.S. government agency securities$15,303 $6 $15,309 
Money market funds
13,403 — 13,403 
Corporate bonds12,912 7 12,919 
U.S. treasury securities10,491 2 10,493 
Total financial assets
$52,109 $15 $52,124 

As of December 31, 2024
Amortized CostUnrealized GainsAggregate Fair Value
Assets:
U.S. government agency securities$18,730 $16 $18,746 
U.S. treasury securities11,752 1 11,753 
Money market funds
10,410 — 10,410 
Corporate bonds8,157 5 8,162 
Total financial assets
$49,049 $22 $49,071 
Debt Securities, Held-to-maturity, Nonaccrual
The maturity dates of the Company’s investments are as follows (in thousands):
March 31, 2025
Less than one year$39,345 
1-2 years12,779 
Total$52,124