Marketable securities, which are classified as available-for-sale, consisted of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2026 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gain |
|
|
Unrealized
Loss |
|
|
Fair
Value |
|
Commercial paper |
|
$ |
35,215 |
|
|
$ |
— |
|
|
$ |
(27 |
) |
|
$ |
35,188 |
|
Treasury bills |
|
|
87,860 |
|
|
|
— |
|
|
|
(129 |
) |
|
|
87,731 |
|
Corporate debt securities |
|
|
18,594 |
|
|
|
— |
|
|
|
(31 |
) |
|
|
18,563 |
|
Agency bonds |
|
|
25,427 |
|
|
|
— |
|
|
|
(55 |
) |
|
|
25,372 |
|
Total marketable securities |
|
$ |
167,096 |
|
|
$ |
— |
|
|
$ |
(242 |
) |
|
$ |
166,854 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gain |
|
|
Unrealized
Loss |
|
|
Fair
Value |
|
Commercial paper |
|
$ |
55,300 |
|
|
$ |
10 |
|
|
$ |
(18 |
) |
|
$ |
55,292 |
|
Treasury bills |
|
|
87,924 |
|
|
|
49 |
|
|
|
— |
|
|
|
87,973 |
|
Corporate debt securities |
|
|
18,533 |
|
|
|
5 |
|
|
|
(9 |
) |
|
|
18,529 |
|
Agency bonds |
|
|
27,204 |
|
|
|
10 |
|
|
|
(5 |
) |
|
|
27,209 |
|
Total marketable securities |
|
$ |
188,961 |
|
|
$ |
74 |
|
|
$ |
(32 |
) |
|
$ |
189,003 |
|
|