A summary of the Company’s held-to-maturity investments as of March 31, 2026 and December 31, 2025 consisted of the following (in thousands):
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Three Months Ended March 31, 2026 |
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Amortized Cost |
|
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Unrealized Gains |
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|
Unrealized Losses |
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Fair Value |
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U.S. Treasury securities - mature April 2026 |
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$ |
48,191 |
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|
$ |
2 |
|
|
$ |
— |
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|
$ |
48,193 |
|
U.S. Treasury securities - mature September 2026 |
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|
34,979 |
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|
|
|
|
(1 |
) |
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|
34,978 |
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Total |
|
$ |
83,170 |
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|
$ |
2 |
|
|
$ |
(1 |
) |
|
$ |
83,171 |
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|
|
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Year Ended December 31, 2025 |
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|
|
Amortized Cost |
|
|
Unrealized Gains |
|
|
Unrealized Losses |
|
|
Fair Value |
|
U.S. Treasury securities - mature April 2026 |
|
$ |
47,745 |
|
|
$ |
32 |
|
|
$ |
— |
|
|
$ |
47,777 |
|
Total |
|
$ |
47,745 |
|
|
$ |
32 |
|
|
$ |
— |
|
|
$ |
47,777 |
|
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