v3.26.1
Marketable Securities (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Marketable Securities Classified as Available-for-sale

Marketable securities, which are classified as available-for-sale, consisted of the following (in thousands):

 

Balance at March 31, 2026:

 

Amortized
Cost Basis

 

 

Unrealized
Gain

 

 

Unrealized
Loss

 

 

Fair
Value

 

Treasury bills

 

$

50,635

 

 

$

1

 

 

$

(4

)

 

$

50,632

 

Total marketable securities

 

$

50,635

 

 

$

1

 

 

$

(4

)

 

$

50,632

 

 

Balance at December 31, 2025:

 

Amortized
Cost Basis

 

 

Unrealized
Gain

 

 

Unrealized
Loss

 

 

Fair
Value

 

Treasury bills

 

$

90,288

 

 

$

40

 

 

$

—

 

 

$

90,328

 

Total marketable securities

 

$

90,288

 

 

$

40

 

 

$

—

 

 

$

90,328