v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured on Recurring Basis The following table presents information about our assets that are measured at fair value on a recurring basis using the above input categories (in thousands):
Fair Value Measurements as of June 30, 2025Fair Value Measurements as of December 31, 2024
Description
Total
Level 1
Level 2
Total
Level 1
Level 2
Money market funds$165,852 $165,852 $— $137,201 $137,201 $— 
Commercial paper6,508 — 6,508 2,059 — 2,059 
U.S. treasury debt securities277,242 — 277,242 263,227 — 263,227 
U.S. government agency debt securities75,323 — 75,323 81,022 — 81,022 
Corporate debt securities180,356 — 180,356 178,852 — 178,852 
$705,281 $165,852 $539,429 $662,361 $137,201 $525,160 
Included in cash and cash equivalents$175,825 $147,776 
Included in marketable securities$529,456 $514,585