v3.26.1
Marketable Securities
3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities Marketable Securities
Marketable securities as of March 31, 2026 and December 31, 2025 consisted of the following:
March 31, 2026
Amortized CostUnrealized Gain/(Loss)Fair Value
U.S. Treasury bills$4,992 $— $4,992 
Total marketable securities$4,992 $— $4,992 

December 31, 2025
Amortized CostUnrealized Gain/(Loss)Fair Value
U.S. Treasury bills$19,885 $— $19,885 
Total marketable securities$19,885 $— $19,885 
Marketable securities at March 31, 2026 and December 31, 2025 are comprised solely of zero coupon U.S. treasury bills with maturities of greater than three months but less than one year that are classified as available-for-sale debt securities. Unrealized gains or losses were not material for each of the three months ended March 31, 2026 and 2025. The accretion of discounts on marketable securities is included in interest income on the condensed consolidated statements of operations and comprehensive loss.