Fair Value Measurements |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| Fair Value Disclosures [Abstract] | |
| Fair Value Measurements | NOTE 4. Fair Value Measurements The Company establishes the fair value of its assets and liabilities using the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company established a fair value hierarchy based on the inputs used to measure fair value. The three levels of the fair value hierarchy are as follows: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. Level 3: Unobservable inputs in which little or no market data exists and are therefore determined using estimates and assumptions developed by the Company, which reflect those that a market participant would use. The Company's assets measured at fair value on a recurring basis consisted of money market funds. As of December 31, 2025, the Company's had money market funds with a fair value of $229.1 million, which were classified within Level 1 of the fair value hierarchy. The fair value of these financial instruments was measured based on quoted prices. |