Investments

3 Months Ended

Mar. 31, 2026

Investments, Debt and Equity Securities [Abstract]

Note 3 Investments

Below is a summary of investments, which are measured at fair value as of March 31, 2026 (in thousands):


	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Government securities		42,258		346		-		42,604
Total	$	42,258	$	346	$	-	$	42,604

Below is a summary of investments, which are measured at fair value as of December 31, 2025 (in thousands):


	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
Government securities		40,364		424		-		40,788
Total	$	40,364	$	424	$	-	$	40,788

Net realized gains on the sale of investments, recorded as a component of interest income in the condensed consolidated statements of operations, were $0 and $0.006 million for the three months ended March 31, 2026 and 2025, respectively. Accrued interest of $0 and $0.04 million is included in investments within the condensed consolidated balance sheets for the periods ended March 31, 2026 and 2025, respectively.

There were no unrealized losses on the available-for-sale investment securities as of March 31, 2026 and December 31, 2025.

As of March 31, 2026, the contractual maturities of available-for-sale investment securities were as follows (in thousands):


	Amortized Cost		Fair Value
Due in one year or less	$	42,258	$	42,604
Due after one year through five years	$	-	$	-
Total	$	42,258	$	42,604