v3.26.1
Investments (Tables)
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments Classified as Available-for-Sale
Our investments, which are all classified as available-for-sale, consisted of the following (in thousands):
As of March 31, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Description:
U.S government agencies$327,013 $161 $(207)$326,967 
Total assets$327,013 $161 $(207)$326,967 
As of December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Description:
U.S government agencies$411,424 $701 $— $412,125 
Total assets$411,424 $701 $— $412,125