v3.26.1
Financial Instruments
3 Months Ended
Mar. 31, 2026
Investments, All Other Investments [Abstract]  
Financial Instruments
(10)
Financial Instruments

The carrying amount of the Company’s financial instruments, including cash and cash equivalents, accounts receivable and accounts payable approximates fair value due to the short-term nature of these financial instruments.

The estimated fair value of the Company's Existing Notes, based on available market information, was $100.2 million and $85.1 million as of December 31, 2025 and March 31, 2026, respectively. The Company used Level 2 measurements under the fair value measurement hierarchy to determine the estimated fair value of the Existing Notes.