v3.25.2
Restricted Cash
6 Months Ended
Jun. 30, 2025
Cash and Cash Equivalents [Abstract]  
Restricted Cash

5. Restricted Cash

As of June 30, 2025, the Company maintained current restricted cash of $1.0 million and non-current restricted cash of $2.4 million. The current restricted cash of $1.0 million is included under the caption “prepaid expenses and other current assets” in the Company's consolidated balance sheet. As of December 31, 2024, the Company maintained no current restricted cash and non-current restricted cash of $3.4 million. All restricted cash amounts are comprised solely of letters of credit required pursuant to the Company's facility leases.

The following table provides a reconciliation of cash, cash equivalents and restricted cash as of June 30, 2025 and December 31, 2024 that sums to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):

 

 

 

June 30,
2025

 

 

December 31,
2024

 

Cash and cash equivalents

 

$

33,612

 

 

$

55,643

 

Restricted cash

 

 

3,406

 

 

 

3,406

 

Cash, cash equivalents and restricted cash

 

$

37,018

 

 

$

59,049