v3.26.1
Short-Term Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Short-Term Investments [Abstract]  
Summary of Short-Term Investments

The following is a summary of our short-term investments (in thousands):

 

 

 

March 31, 2026

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Fair Value

 

U.S. treasury bills and government agency obligations

 

$

8,155

 

 

$

—

 

 

$

—

 

 

$

8,155

 

Foreign commercial paper

 

 

6,341

 

 

 

—

 

 

 

(2

)

 

 

6,339

 

Foreign corporate debt securities

 

 

2,586

 

 

 

—

 

 

 

(2

)

 

 

2,584

 

U.S. corporate debt securities

 

 

799

 

 

 

—

 

 

 

(2

)

 

 

797

 

U.S. commercial paper

 

 

792

 

 

 

—

 

 

 

—

 

 

 

792

 

Total

 

$

18,673

 

 

$

—

 

 

$

(6

)

 

$

18,667

 

 

 

 

December 31, 2025

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Fair Value

 

U.S. treasury bills and government agency obligations

 

$

5,542

 

 

$

2

 

 

$

—

 

 

$

5,544

 

U.S. corporate debt securities

 

 

5,439

 

 

 

1

 

 

 

—

 

 

 

5,440

 

Foreign commercial paper

 

 

3,979

 

 

 

—

 

 

 

—

 

 

 

3,979

 

U.S. commercial paper

 

 

1,545

 

 

 

—

 

 

 

—

 

 

 

1,545

 

Foreign corporate debt securities

 

 

1,475

 

 

 

1

 

 

 

—

 

 

 

1,476

 

Total

 

$

17,980

 

 

$

4

 

 

$

—

 

 

$

17,984