v3.26.1
Fair Value Measurements - Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Financial assets:    
Marketable securities $ 244,249 $ 236,805
Total financial assets 244,249 236,805
Financial liabilities:    
SPA put/call   11,411
Success payment liabilities 889 1,242
Total financial liabilities 889 12,653
U.S. Treasury securities    
Financial assets:    
Marketable securities 156,458 176,072
U.S. government agency securities    
Financial assets:    
Marketable securities 13,902 6,533
Corporate debt securities    
Financial assets:    
Marketable securities 9,417 4,434
Money market funds    
Financial assets:    
Money market funds 64,472 49,766
Level 1    
Financial assets:    
Total financial assets 64,472 49,766
Financial liabilities:    
SPA put/call   0
Success payment liabilities 0 0
Total financial liabilities 0 0
Level 1 | U.S. Treasury securities    
Financial assets:    
Marketable securities 0 0
Level 1 | U.S. government agency securities    
Financial assets:    
Marketable securities 0 0
Level 1 | Corporate debt securities    
Financial assets:    
Marketable securities 0 0
Level 1 | Money market funds    
Financial assets:    
Money market funds 64,472 49,766
Level 2    
Financial assets:    
Total financial assets 179,777 187,039
Financial liabilities:    
SPA put/call   0
Success payment liabilities 0 0
Total financial liabilities 0 0
Level 2 | U.S. Treasury securities    
Financial assets:    
Marketable securities 156,458 176,072
Level 2 | U.S. government agency securities    
Financial assets:    
Marketable securities 13,902 6,533
Level 2 | Corporate debt securities    
Financial assets:    
Marketable securities 9,417 4,434
Level 2 | Money market funds    
Financial assets:    
Money market funds 0 0
Level 3    
Financial assets:    
Total financial assets 0 0
Financial liabilities:    
SPA put/call   11,411
Success payment liabilities 889 1,242
Total financial liabilities 889 12,653
Level 3 | U.S. Treasury securities    
Financial assets:    
Marketable securities 0 0
Level 3 | U.S. government agency securities    
Financial assets:    
Marketable securities 0 0
Level 3 | Corporate debt securities    
Financial assets:    
Marketable securities 0 0
Level 3 | Money market funds    
Financial assets:    
Money market funds $ 0 $ 0