Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2026

Fair Value Disclosures [Abstract]

Summary of Financial Assets Measured At Fair Value On Recurring Basis

The following tables summarize the Company’s financial assets, which consist of cash equivalents and marketable securities, presented at fair value on a recurring basis by level within the fair value hierarchy (in thousands):


				June 30, 2026
		Fair Value Hierarchy		Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
Financial assets
Cash equivalents:
Money market funds		Level 1		$	125,375			$	—			$	—			$	125,375
Total cash equivalents				$	125,375			$	—			$	—			$	125,375
Marketable securities:
Commercial paper		Level 2		$	199,307			$	—			$	(519	)		$	198,788
U.S. government securities		Level 2			189,258				—				(289	)			188,969
Total marketable securities				$	388,565			$	—			$	(808	)		$	387,757


				December 31, 2025
		Fair Value Hierarchy		Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
Financial assets
Cash equivalents:
Money market funds		Level 1		$	84,960			$	—			$	—			$	84,960
Total cash equivalents				$	84,960			$	—			$	—			$	84,960
Marketable securities:
Commercial paper		Level 2		$	107,870			$	65			$	—			$	107,935
U.S. government securities		Level 2			123,204				154				—				123,358
Total marketable securities				$	231,074			$	219			$	—			$	231,293