v3.26.1
Cash Equivalents and Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
Schedule of Fair Value and Amortized Cost of Cash Equivalents
The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):
March 31, 2026
Amortized Cost Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds$64,472 $— $— $64,472 
U.S. Treasury securities156,460 49 (51)156,458 
U.S. government agency securities13,907 (6)13,902 
Corporate debt securities9,419 (3)9,417 
Total cash equivalents and fixed income marketable securities
$244,258 $51 $(60)$244,249 
Classified as:Fair Value
Cash equivalents$74,042 
Marketable securities163,253 
Marketable securities, non-current6,954 
Total cash equivalents and fixed income marketable securities
$244,249 
December 31, 2025
Amortized Cost Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds$49,766 $— $— $49,766 
U.S. Treasury securities175,839 233 — 176,072 
U.S. government agency securities6,528 — 6,533 
Corporate debt securities4,430 — 4,434 
Total cash equivalents and fixed income marketable securities
$236,563 $242 $— $236,805 
Classified as:Fair Value
Cash equivalents$49,766 
Marketable securities187,039 
Marketable securities, non-current— 
Total cash equivalents and fixed income marketable securities
$236,805 
Schedule of Fair Value and Amortized Cost of Marketable Securities
The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):
March 31, 2026
Amortized Cost Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds$64,472 $— $— $64,472 
U.S. Treasury securities156,460 49 (51)156,458 
U.S. government agency securities13,907 (6)13,902 
Corporate debt securities9,419 (3)9,417 
Total cash equivalents and fixed income marketable securities
$244,258 $51 $(60)$244,249 
Classified as:Fair Value
Cash equivalents$74,042 
Marketable securities163,253 
Marketable securities, non-current6,954 
Total cash equivalents and fixed income marketable securities
$244,249 
December 31, 2025
Amortized Cost Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds$49,766 $— $— $49,766 
U.S. Treasury securities175,839 233 — 176,072 
U.S. government agency securities6,528 — 6,533 
Corporate debt securities4,430 — 4,434 
Total cash equivalents and fixed income marketable securities
$236,563 $242 $— $236,805 
Classified as:Fair Value
Cash equivalents$49,766 
Marketable securities187,039 
Marketable securities, non-current— 
Total cash equivalents and fixed income marketable securities
$236,805