Schedule of Marketable Securities |
The following are summaries of the Company's marketable securities at June 30, 2025 and December 31, 2024 (in thousands). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of June 30, 2025 | | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | U.S. government agency securities and treasuries | | $ | 124,092 | | | $ | 68 | | | $ | (61) | | | $ | 124,099 | | Corporate debt securities | | 28,719 | | | 42 | | | (2) | | | 28,759 | | Total securities with a maturity of one year or less | | $ | 152,811 | | | $ | 110 | | | $ | (63) | | | $ | 152,858 | | | | | | | | | | | U.S. government agency securities and treasuries | | 123,412 | | | 388 | | | (51) | | | 123,749 | | Corporate debt securities | | 4,907 | | | 16 | | | — | | | 4,923 | | Total securities with a maturity of more than one year | | $ | 128,319 | | | $ | 404 | | | $ | (51) | | | $ | 128,672 | | Total available-for-sale securities | | $ | 281,130 | | | $ | 514 | | | $ | (114) | | | $ | 281,530 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of December 31, 2024 | | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | U.S. government agency securities and treasuries | | $ | 148,673 | | | $ | 196 | | | $ | (1) | | | $ | 148,868 | | Corporate debt securities | | 58,210 | | | 118 | | | (16) | | | 58,312 | | Total securities with a maturity of one year or less | | $ | 206,883 | | | $ | 314 | | | $ | (17) | | | $ | 207,180 | | | | | | | | | | | U.S. government agency securities and treasuries | | 105,145 | | | 19 | | | (404) | | | 104,760 | | Corporate debt securities | | 6,801 | | | 46 | | | — | | | 6,847 | | Total securities with a maturity of more than one year | | $ | 111,946 | | | $ | 65 | | | $ | (404) | | | $ | 111,607 | | Total available-for-sale securities | | $ | 318,829 | | | $ | 379 | | | $ | (421) | | | $ | 318,787 | |
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