Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Cash Equivalents and Marketable Securities

The following tables present the fair value of cash equivalents and marketable securities in accordance with the fair value hierarchy discussed in Note 2 (in thousands):


		Level 1				Level 2				Level 3				Total
September 30, 2026
Cash equivalents:
Money market mutual funds		$	—			$	65,972			$	—			$	65,972
U.S. government and agency securities			—				4,978				—				4,978
Total cash equivalents			—				70,950				—				70,950
Marketable securities:
U.S. government and agency securities			—				103,054				—				103,054
Corporate bonds			—				52,127				—				52,127
Total marketable securities			—				155,181				—				155,181
Total cash equivalents and marketable securities		$	—			$	226,131			$	—			$	226,131


		Level 1				Level 2				Level 3				Total
December 31, 2025
Cash equivalents:
Money market mutual funds		$	—			$	21,418			$	—			$	21,418
U.S. government and agency securities			—				2,496				—				2,496
Total cash equivalents			—				23,914				—				23,914
Marketable securities:
U.S. government and agency securities			—				83,144				—				83,144
Corporate bonds			—				123,245				—				123,245
Total marketable securities			—				206,389				—				206,389
Total cash equivalents and marketable securities		$	—			$	230,303			$	—			$	230,303