v3.26.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value
The following tables present information about the Company’s financial assets that have been measured at fair value as of March 31, 2026 and December 31, 2025 (in thousands):
Description
Level 1
Level 2
Level 3
March 31,
2026
Assets:
U.S. Treasury Bills
$
— 
$
216,291 
$
— 
$
216,291 
Money market funds included within cash and cash equivalents
320,694 
—
—
320,694 
Total
$
320,694 
$
216,291 
$
— 
$
536,985 
Description
Level 1
Level 2
Level 3
December 31,
2025
Assets:
U.S. Treasury Bills
$
— 
$
318,116 
$
— 
$
318,116 
Money market funds included within cash and cash equivalents
93,595 
—
—
93,595 
Total
$
93,595 
$
318,116 
$
— 
$
411,711