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

17. Restricted Cash

As of March 31, 2026, the Company maintained letters of credit of $2.9 million, which are collateralized with bank accounts at financial institutions in accordance with the agreements. The letters of credit are included within restricted cash on the Company's consolidated balance sheets. Total restricted cash as of March 31, 2026 and December 31, 2025 consisted of the following (in thousands):

 

 

March 31,
2026

 

 

December 31,
2025

 

Redwood City, CA lease(1)

 

$

2,306

 

 

$

2,306

 

Boston, MA lease

 

 

263

 

 

 

266

 

Corporate credit card services

 

 

300

 

 

 

300

 

Total

 

$

2,869

 

 

$

2,872

 

(1)
Includes the Company's lease at 1000 Bridge Parkway and 1200 Bridge Parkway.