v3.25.4
Investments
12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
Short-term investments by investment type consisted of the following (in thousands):
December 31, 2025
Amortized
cost
Gross
unrealized
gains
Gross
unrealized
losses
Fair
value
Short-term investments
U.S. Government Treasury Notes$18,255 $11 $— $18,266 
$18,255 $11 $— $18,266 
December 31, 2024
Short-term investmentsAmortized
cost
Gross
unrealized
gains
Gross
unrealized
losses
Fair
value
U.S. Government Treasury Notes$33,783 $38 $— $33,821 
$33,783 $38 $— $33,821 
During the year ended December 31, 2025, the Company sold available-for-sale securities with a carrying value of $2.5 million and received proceeds of $2.5 million. As of December 31, 2025, remaining available-for-sale investments had a fair value of $18.3 million.