v3.26.1
Available-For-Sale Debt Securities (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Available For Sale Debt Securities
Available-for-sale debt
securities consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):
 
 
  
March 31, 2026
 
 
  
Amortized

Cost
 
  
Unrealized

Gains
 
  
Unrealized

Losses
 
  
Fair

Value
 
Marketable securities:
            
U.S. treasury securities
   
$
98,393
 
   
$
— 
 
   
$
(112
)
   
$
98,281
 
Non-U.S. debt securities
   
 
15,717
 
   
 
— 
 
   
 
(327
)
   
 
15,390
 
  
 
 
     
 
 
     
 
 
     
 
 
  
Total
   
$
114,110
 
   
$
— 
 
   
$
(439
) 
   
$
113,671
 
  
 
 
     
 
 
     
 
 
     
 
 
  
    
December 31, 2025
  
    
Amortized

Cost
     
Unrealized

Gains
     
Unrealized

Losses
     
Fair

Value
  
Cash equivalents:
            
Non-U.S.
debt securities
   
$
17,415
 
   
$
223
 
   
$
— 
 
   
$
17,638
 
Marketable securities:
            
U.S. treasury securities
   
 
97,559
 
   
 
— 
 
   
 
(48
) 
   
 
97,511
 
  
 
 
     
 
 
     
 
 
     
 
 
  
Total
   
$
114,974
 
   
$
223
 
   
$
(48
) 
   
$
115,149