| Summary of Marketable Securities |
The following tables summarize the Company’s marketable securities (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
June 30, 2025 |
|
| |
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair
Value |
|
Corporate debt securities |
|
|
37,287 |
|
|
|
70 |
|
|
|
(5 |
) |
|
|
37,352 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
37,287 |
|
|
$ |
70 |
|
|
$ |
(5 |
) |
|
$ |
37,352 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2024 |
|
| |
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair
Value |
|
U.S. treasury securities |
|
$ |
26,985 |
|
|
$ |
19 |
|
|
$ |
— |
|
|
$ |
27,004 |
|
Corporate debt securities |
|
|
57,940 |
|
|
|
84 |
|
|
|
(35 |
) |
|
|
57,989 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
84,925 |
|
|
$ |
103 |
|
|
$ |
(35 |
) |
|
$ |
84,993 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The following tables summarize the Company’s marketable securities (in thousands ):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2024 |
|
| |
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair
Value |
|
U.S. treasury securities |
|
$ |
26,985 |
|
|
$ |
19 |
|
|
$ |
— |
|
|
$ |
27,004 |
|
Corporate debt securities |
|
|
57,940 |
|
|
|
84 |
|
|
|
(35 |
) |
|
|
57,989 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
84,925 |
|
|
$ |
103 |
|
|
$ |
(35 |
) |
|
$ |
84,993 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
December 31, 2023 |
|
| |
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair
Value |
|
Corporate debt securities |
|
$ |
55,624 |
|
|
$ |
27 |
|
|
$ |
(80 |
) |
|
$ |
55,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
55,624 |
|
|
$ |
27 |
|
|
$ |
(80 |
) |
|
$ |
55,571 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Fair Value of Available-for-Sale Securities By Contractual Maturity |
The following table summarizes the fair value of the Company’s securities by contractual maturity (in thousands):
|
|
|
|
|
| |
|
June 30, 2025 |
|
Due in one year or less |
|
$ |
21,706 |
|
Due after one year through two years |
|
|
15,646 |
|
|
|
|
|
|
Total |
|
$ |
37,352 |
|
|
|
|
|
|
|
The following table summarizes the fair value of the Company’s securities by contractual maturity (in thousands):
|
|
|
|
|
| |
|
|
|
Due in one year or less |
|
$ |
70,636 |
|
Due after one year through two years |
|
|
14,357 |
|
|
|
|
|
|
Total |
|
$ |
84,993 |
|
|
|
|
|
|
|