| Schedule of Cash and Cash Equivalents, and Investments |
The following tables present our cash and cash equivalents, and investments’ fair value level classification, adjusted cost, unrealized gain, unrealized loss and fair value (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Fair Value Level | | Adjusted Cost | | Unrealized Gain | | Unrealized Loss | | Fair Value | | Cash and cash equivalents: | | | | | | | | | | | Cash | | | $ | 16,942 | | | $ | — | | | $ | — | | | $ | 16,942 | | | Money market funds | Level 1 | | 14,204 | | | — | | | — | | | 14,204 | | | Total cash and cash equivalents | | | $ | 31,146 | | | $ | — | | | $ | — | | | $ | 31,146 | | | Short-term investments: | | | | | | | | | | | | | | | | | | | | | Corporate debt securities | Level 2 | | $ | 41,549 | | | $ | 125 | | | $ | — | | | $ | 41,674 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Long-term investments: | | | | | | | | | | | Corporate debt securities | Level 2 | | $ | 12,290 | | | $ | 102 | | | $ | — | | | $ | 12,392 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | | Fair Value Level | | Adjusted Cost | | Unrealized Gain | | Unrealized Loss | | Fair Value | | Cash and cash equivalents: | | | | | | | | | | | Cash | | | $ | 28,716 | | | $ | — | | | $ | — | | | $ | 28,716 | | | Money market funds | Level 1 | | 132,759 | | | — | | | — | | | 132,759 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total cash and cash equivalents | | | $ | 161,475 | | | $ | — | | | $ | — | | | $ | 161,475 | | | Short-term investments: | | | | | | | | | | | | | | | | | | | | | Corporate debt securities | Level 2 | | $ | 113,968 | | | $ | 157 | | | $ | (29) | | | $ | 114,096 | | | U.S. treasury securities | Level 1 | | 40,162 | | | — | | | (9) | | | 40,153 | | | Total short-term investments | | | $ | 154,130 | | | $ | 157 | | | $ | (38) | | | $ | 154,249 | | | Long-term investments: | | | | | | | | | | | Corporate debt securities | Level 2 | | $ | 133,516 | | | $ | 736 | | | $ | (78) | | | $ | 134,174 | | | U.S. treasury securities | Level 1 | | 78,405 | | | 97 | | | (26) | | | 78,476 | | | | | | | | | | | | | Total long-term investments | | | $ | 211,921 | | | $ | 833 | | | $ | (104) | | | $ | 212,650 | |
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| Schedule of Available-for-sale Securities Reconciliation |
The following table presents our cash equivalents and investments' adjusted cost and fair value by contractual maturity (in thousands): | | | | | | | | | | | | | December 31, 2025 | | | Adjusted Cost | | Fair Value | | Due within one year | $ | 41,549 | | | $ | 41,674 | | | Due after one year through three years | 12,290 | | | 12,392 | | | Investments not due at a single maturity date | 14,204 | | | 14,204 | | | Total | $ | 68,043 | | | $ | 68,270 | |
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