Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis and Level of Fair Value Hierarchy Utilized

The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):


		Fair value measurements as of June 30, 2026
		Level 1				Level 2				Level 3				Total
Cash equivalents:
Money market funds		$	89,966			$	—			$	—			$	89,966
Total		$	89,966			$	—			$	—			$	89,966

Marketable Securities:
Corporate bonds		$	—			$	60,481			$	—			$	60,481
Commercial paper			—				22,759				—				22,759
US Government and US Government agency debt securities			169,904				3,105				—				173,009
Total		$	169,904			$	86,345			$	—			$	256,249


		Fair value measurements as of December 31, 2025
		Level 1				Level 2				Level 3				Total
Cash equivalents:
Money market funds		$	72,890			$	—			$	—			$	72,890
Total		$	72,890			$	—			$	—			$	72,890

Marketable Securities:
Corporate bonds		$	—			$	84,750			$	—			$	84,750
Commercial paper			—				23,961				—				23,961
US Government and US Government agency debt securities			—				197,999				—				197,999
Total		$	—			$	306,710			$	—			$	306,710