Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Financial Assets That Have Been Measured at Fair Value

The following tables present information about our financial assets that have been measured at fair value and indicate the fair value hierarchy of the valuation inputs utilized to determine such fair value (in thousands):


		As of June 30, 2025				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		$	21,931			$	21,931			$	—			$	—
Investments:
Corporate debt securities			12,972				—				12,972				—
		$	34,903			$	21,931			$	12,972			$	—


		As of December 31, 2024				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		$	46,990			$	46,990			$	—			$	—
Commercial paper			5,072				—				5,072				—
Investments:
Corporate debt securities			39,091				—				39,091				—
Commercial paper			3,166				—				3,166				—
U.S. government and agency securities			3,979				—				3,979				—
		$	98,298			$	46,990			$	51,308			$	—

Summary of the Changes in the Estimated Fair Value of the Liabilities

The following table sets forth a summary of the changes in the estimated fair value of these liabilities, which are all classified as Level 3 (in thousands):


		2029 Notes Derivatives				May 2024 Warrants
Balance as of December 31, 2024		$	13,688			$	12,582
Change in fair value			(9,680	)			(8,249	)
Balance as of June 30, 2025		$	4,008			$	4,333