v3.25.4
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables summarizes the types of assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):
December 31, 2025
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds
$1,038 $— $— $1,038 
Total cash equivalents1,038 — — 1,038 
Total financial assets$1,038 $— $— $1,038 
December 31, 2024
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market funds$6,616 $— $— $6,616 
Total cash equivalents6,616 — — 6,616 
Marketable securities:
U.S. Government agency bonds6,235 11,968 — 18,203 
Commercial paper— 12,374 — 12,374 
Total marketable securities6,235 24,342 — 30,577 
Total financial assets$12,851 $24,342 $— $37,193 
Schedule of Marketable Securities The following table summarizes the cost, unrealized gains and losses and fair value of marketable securities as of December 31, 2024 (in thousands):
December 31, 2024
Amortized CostUnrealized LossesUnrealized GainsFair Value
U.S. Government agency bonds$18,178 $— $25 $18,203 
Commercial paper12,376 (8)12,374 
Total$30,554 $(8)$31 $30,577 
Schedule of Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value
The following table summarizes the marketable securities with unrealized losses as of December 31, 2024, aggregated by major security type and the length of time that individual securities have been in a continuous loss position (in thousands):
December 31, 2024
Less than 12 months12 months or greaterTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Commercial paper$5,659 $(8)$— $— $5,659 $(8)
Total$5,659 $(8)$— $— $5,659 $(8)