v3.26.1
Restricted Cash
3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
Restricted Cash

Note M – Restricted Cash

As of both March 31, 2026, and December 31, 2025, we maintained non-current restricted cash of $1.7 million. This amount is included within “Other long-term assets” in our condensed consolidated balance sheets and is comprised of deposits under letters of credit required under our facility leases.

The following table provides a reconciliation of cash, cash equivalents and restricted cash that sums to the total of the same such amounts shown in the condensed consolidated statements of cash flows (in thousands):

 

 

 

Three Months Ended March 31, 2026

 

 

Three Months Ended March 31, 2025

 

 

 

Beginning of Period

 

 

End of Period

 

 

Beginning of Period

 

 

End of Period

 

Cash and cash equivalents

 

$

2,998

 

 

$

34,996

 

 

$

40,437

 

 

$

18,488

 

Restricted cash

 

 

1,712

 

 

 

1,712

 

 

 

3,634

 

 

 

3,634

 

Cash, cash equivalents and restricted cash

 

$

4,710

 

 

$

36,708

 

 

$

44,071

 

 

$

22,122