v3.26.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Summary of Valuation of the Company's Investments by Fair Value Hierarchy

The following tables summarize the valuation of the Company’s investments by the fair value hierarchy:

 

 

March 31, 2026

 

 

 

Level I

 

 

Level II

 

 

Level III

 

 

Total

 

Treasury Securities

 

$

 

 

$

79,354

 

 

$

 

 

$

79,354

 

Money Market Funds

 

 

 

 

 

133,973

 

 

 

 

 

 

133,973

 

Total

 

$

 

 

$

213,327

 

 

$

 

 

$

213,327

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2025

 

 

 

Level I

 

 

Level II

 

 

Level III

 

 

Total

 

Treasury Securities

 

$

 

 

$

46,940

 

 

$

 

 

$

46,940

 

Money Market Funds

 

 

 

 

 

311,282

 

 

 

 

 

 

311,282

 

Total

 

$

 

 

$

358,222

 

 

$

 

 

$

358,222