The following tables summarize the Company’s investments in available-for-sale securities by significant investment category reported as short-term as of June 30, 2025 (in thousands):


	June 30, 2025
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Estimated Fair Value
U.S. Treasury	$	152,433	$	17	$	(29)	$	152,421
Corporate bonds	12,824		2		(3)		12,823
Commercial paper	21,309		—		(1)		21,308
Total available-for-sale investments	$	186,566	$	19	$	(33)	$	186,552

The following table summarizes the contractual maturities of the Company’s available-for-sale securities at June 30, 2025 (in thousands):


	June 30, 2025
	Amortized Cost		Fair Value
Mature in less than one year	$	186,566	$	186,552
Total	$	186,566	$	186,552

The following tables summarize the Company’s investments in available-for-sale securities by significant investment category reported as short-term as of December 31, 2024 (in thousands):


	December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Estimated Fair Value
U.S. Treasury	$	161,401	$	88	$	(12)	$	161,477
Corporate bonds	1,976		1		—		1,977
Commercial paper	15,684		11		(4)		15,691
Total available-for-sale investments	$	179,061	$	100	$	(16)	$	179,145

The following table summarizes the contractual maturities of the Company’s available-for-sale securities at December 31, 2024 (in thousands):


	December 31, 2024
	Amortized Cost		Fair Value
Mature in less than one year	$	179,061	$	179,145
Total	$	179,061	$	179,145