As of June 30, 2025

Estimated

Amortized

Unrealized

Unrealized

Fair

Cost

Gain

Loss

Value

Short-term marketable securities:

Corporate bonds

$

35,127

$

20

$

(4

)

$

35,143

U.S. Treasury securities

26,860

20

(2

)

26,878

Total short-term marketable securities

$

61,987

$

40

$

(6

)

$

62,021

Long-term marketable securities:

Corporate bonds

$

69,676

$

193

$

(3

)

$

69,866

U.S. Treasury securities

20,242

103

—

20,345

U.S. government agency debt securities

12,500

1

(10

)

12,491

Total long-term marketable securities

$

102,418

$

297

$

(13

)

$

102,702

As of December 31, 2024

Estimated

Amortized

Unrealized

Unrealized

Fair

Cost

Gain

Loss

Value

Short-term marketable securities:

Corporate bonds

$

33,519

$

23

$

(5

)

$

33,537

U.S. Treasury securities

30,130

27

(4

)

30,153

Total short-term marketable securities

$

63,649

$

50

$

(9

)

$

63,690

Long-term marketable securities:

Corporate bonds

$

33,982

$

16

$

(43

)

$

33,955

U.S. Treasury securities

24,146

23

(15

)

24,154

U.S. government agency debt securities

3,500

1

—

3,501

Total long-term marketable securities

$

61,628

$

40

$

(58

)

$

61,610