v3.26.1
Fair Value Measurements
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Fair Value Measurements Fair Value Measurements
Assets measured at fair value on a recurring basis as of March 31, 2026 were as follows (in thousands):
March 31,
2026		Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash equivalents:
Money market funds$123,648 $123,648 $— $— 
Restricted cash and other non-current assets:
Money market funds2,670 2,670 — — 
Total financial assets$126,318 $126,318 $— $— 
Assets measured at fair value on a recurring basis as of December 31, 2025 were as follows (in thousands):
December 31,
2025		Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Cash equivalents:
Money market funds$146,645 $146,645 $— $— 
Restricted cash and other non-current assets:
Money market funds2,670 2,670 — — 
Total financial assets$149,315 $149,315 $— $— 
The fair value of the Company’s liability for sale of future revenues approximates the amount recorded on the Company’s balance sheet as of March 31, 2026 and December 31, 2025, which represents a level 3 fair value measurement.