v3.26.1
CASH & CASH EQUIVALENTS
3 Months Ended
Mar. 31, 2026
CASH & CASH EQUIVALENTS.  
CASH & CASH EQUIVALENTS

NOTE 2—CASH & CASH EQUIVALENTS

Cash & cash equivalents consisted of the following:

(In thousands)

  ​ ​ ​

March 31, 2026

  ​ ​ ​

December 31, 2025

Cash

$

50,463

$

35,635

U.S. Treasury securities

 

304,742

 

404,712

Total cash & cash equivalents

$

355,205

$

440,347

U.S. Treasury securities held by the Company represent Level 1 securities within the fair value hierarchy and are measured at fair value.