v3.25.2
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Carrying Amounts and Estimated Fair Values of the Company's Financial Instruments
Financial assets measured at fair value on a recurring basis were as follows:
 Total
Fair value measurement as of June 30, 2025
Level 1Level 2Level 3
(in thousands)
Cash equivalents:
Money market funds$188,574 $188,574 $— $— 
Total$188,574 $188,574 $ $ 
 Total
Fair value measurement as of December 31, 2024
Level 1Level 2Level 3
(in thousands)
Cash equivalents:
Money market funds$238,198 $238,198 $— $— 
Total$238,198 $238,198 $ $