Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Summary of Assets Measured at Fair Value on Recurring Basis

The following tables present the Company’s fair value hierarchy for its assets that are measured at fair value on a recurring basis and indicate the level within the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value (in thousands):


						Fair Value Measurements at June 30, 2025 Using:
		Total				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash equivalents
Money market funds		$	52,536			$	52,536			$	—			$	—
Marketable securities:
U.S. treasury notes			65,410				65,410				—				—
U.S government agency bonds			35,460				—				35,460				—
Total		$	153,406			$	117,946			$	35,460			$	—


						Fair Value Measurements at December 31, 2024 Using:
		Total				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Cash equivalents
Money market funds		$	149,193			$	149,193			$	—			$	—
Marketable securities:
U.S. treasury notes			—				—				—				—
U.S government agency bonds			16,965				—				16,965				—
Total		$	166,158			$	149,193			$	16,965			$	—