The following table summarizes the Company's short-term investments (in thousands):


		As of March 31, 2026
	Maturity (In Years)	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Money market funds		$	34,540	$	—	$	—		$	34,540
U.S. government treasury bills	Less than 1		39,258		2		(15	)		39,245
Commercial paper	Less than 1		12,363		3		—			12,366
Corporate bonds	Less than 1		32,609		13		(7	)		32,615
Corporate bonds	More than 1 less than 2		4,038		—		(11	)		4,027
Total		$	122,808	$	18	$	(33	)	$	122,793


		As of December 31, 2025
	Maturity (In Years)	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Money market funds		$	37,318	$	—	$	—	$	37,318
U.S. government treasury bills	Less than 1		43,857		24		—		43,881
Commercial paper	Less than 1		16,239		23		—		16,262
Corporate bonds	Less than 1		44,907		66				44,973
Corporate bonds	More than 1 less than 2		3,006		7		—		3,013
Total		$	145,327	$	120	$	—	$	145,447

As of March 31, 2026, the available-for-sale debt securities are of high credit quality, and there were no unrealized losses recognized as of March 31, 2026 and December 31, 2025. No allowance for credit losses was recognized as of March 31, 2026 or December 31, 2025.

As of March 31, 2026 and December 31, 2025 corporate bonds had contractual maturities of greater than one year and less than two years. All other marketable securities had contractual maturities of less than one year.