v3.26.1
Cash Equivalents and Investments
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Cash Equivalents and Investments

2. Cash Equivalents and Investments:

As of March 31, 2026 and December 31, 2025, the Companys cash equivalents consisted entirely of money market funds totaling $10.0 million and $86.0 million, respectively.

Investments held are all classified as current and at March 31, 2026 and December 31, 2025 are summarized as follows (in thousands):

 

 

March 31, 2026

 

 

December 31, 2025

 

Corporate securities

 

$

49,355

 

 

$

53,260

 

U.S. Treasury securities

 

 

44,970

 

 

 

42,261

 

Municipal debt securities

 

 

24,025

 

 

 

21,373

 

Federal home loan securities

 

 

3,837

 

 

 

5,825

 

Certificates of deposit

 

 

1,007

 

 

 

1,763

 

 

 

$

123,194

 

 

$

124,482