v3.26.1
Short-Term Investments and Cash Equivalents (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Short-Term Investments

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