| Schedule of Amortized Cost and Fair Value of the Company’s Cash Equivalents and Marketable Securities by Major Investment Category |
The following table summarizes the amortized cost and fair value of the Company’s cash equivalents and marketable securities by major investment category (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | | | | | Unrealized | | | | Maturity in Years | | Amortized Cost | | Gains | | Losses | | Fair Value | | Cash equivalents | Less than 1 | | $ | 17,869 | | | $ | — | | | $ | (12) | | | 17,857 | | | U.S. Government agency securities | 3 years or less | | 48,710 | | | 48 | | | (64) | | | 48,694 | | | Certificate of deposit | Less than 1 | | 1,408 | | | 1 | | | — | | | 1,409 | | | Corporate debt securities | 3 years or less | | 116,719 | | | 47 | | | (254) | | | 116,512 | | | Commercial paper | Less than 1 | | 49,435 | | | 1 | | | (26) | | | 49,410 | | | Yankee debt | Less than 1 | | 2,901 | | | — | | | (5) | | | 2,896 | | | Asset-backed securities | 3 years or less | | 7,238 | | | 13 | | | (2) | | | 7,249 | | | Total | | | $ | 244,280 | | | $ | 110 | | | $ | (363) | | | $ | 244,027 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | | | | Unrealized | | | | Maturity in Years | | Amortized Cost | | Gains | | Losses | | Fair Value | | U.S. Government agency securities | 2 years or less | | $ | 41,238 | | | $ | 136 | | | $ | (1) | | | $ | 41,373 | | | Certificate of deposit | Less than 1 | | 3,009 | | | 4 | | | — | | | 3,013 | | | Corporate debt securities | 2 years or less | | 81,614 | | | 84 | | | — | | | 81,698 | | | Commercial paper | Less than 1 | | 48,448 | | | 7 | | | (2) | | | 48,453 | | | Yankee debt | Less than 1 | | 4,463 | | | 2 | | | — | | | 4,465 | | | Asset-backed securities | 3 years or less | | 8,261 | | | 30 | | | — | | | 8,291 | | | Total | | | $ | 187,033 | | | $ | 263 | | | $ | (3) | | | $ | 187,293 | |
|
| Schedule of Cash Equivalents And Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value |
The following tables summarize the Company’s cash equivalents and available-for-sale debt securities in an unrealized loss position for which an allowance for credit losses has not been recorded, aggregated by major security type (in thousands): | | | | | | | | | | | | | March 31, 2026 | | Fair Value | | Unrealized Losses | | Cash equivalents | $ | 8,795 | | | $ | (12) | | | U.S. Government agency securities | 19,414 | | | (64) | | | Corporate debt securities | 86,083 | | | (254) | | | Commercial paper | 46,810 | | | (26) | | | Yankee debt | 2,896 | | | (5) | | | Asset-backed securities | 1,710 | | | (2) | | | Total | $ | 165,708 | | | $ | (363) | |
| | | | | | | | | | | | | December 31, 2025 | | Fair Value | | Unrealized Losses | | U.S. Government agency securities | $ | 1,771 | | | $ | (1) | | | Commercial paper | 25,104 | | | (2) | | | Total | $ | 26,875 | | | $ | (3) | |
|