| Schedule of Marketable Securities |
The following table summarizes the amortized cost and estimated fair value of the Company’s investments, which are considered to be available-for-sale investments, and were included in marketable securities and long-term marketable securities:
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March 31, 2026 |
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Amortized
Cost |
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|
Gross
Unrealized
Gains |
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|
Gross
Unrealized
Losses |
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|
Fair
Value |
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Marketable securities: |
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U.S. government agency debt securities |
|
$ |
192,509 |
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|
$ |
1 |
|
|
$ |
(98 |
) |
|
$ |
192,412 |
|
Corporate debt securities |
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|
133,431 |
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|
|
— |
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|
|
(240 |
) |
|
|
133,191 |
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Commercial paper |
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|
81,786 |
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2 |
|
|
|
(43 |
) |
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|
81,745 |
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|
|
$ |
407,726 |
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|
$ |
3 |
|
|
$ |
(381 |
) |
|
$ |
407,348 |
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Long-term marketable securities: |
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U.S. government agency debt securities |
|
$ |
34,129 |
|
|
$ |
— |
|
|
$ |
(75 |
) |
|
$ |
34,054 |
|
Corporate debt securities |
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|
28,770 |
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|
|
— |
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|
(77 |
) |
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|
28,693 |
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|
|
$ |
62,899 |
|
|
$ |
— |
|
|
$ |
(152 |
) |
|
$ |
62,747 |
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|
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|
December 31, 2025 |
|
|
|
Amortized
Cost |
|
|
Gross
Unrealized
Gains |
|
|
Gross
Unrealized
Losses |
|
|
Fair
Value |
|
Marketable securities: |
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|
|
|
|
|
|
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|
|
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|
U.S. government agency debt securities |
|
$ |
169,690 |
|
|
$ |
108 |
|
|
$ |
— |
|
|
$ |
169,798 |
|
Corporate debt securities |
|
|
122,737 |
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|
23 |
|
|
|
(47 |
) |
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|
122,713 |
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Commercial paper |
|
|
93,241 |
|
|
37 |
|
|
|
— |
|
|
|
93,278 |
|
|
|
$ |
385,668 |
|
|
$ |
168 |
|
|
$ |
(47 |
) |
|
$ |
385,789 |
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Long-term marketable securities: |
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U.S. government agency debt securities |
|
$ |
62,038 |
|
|
$ |
80 |
|
|
$ |
— |
|
|
$ |
62,118 |
|
Corporate debt securities |
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|
44,537 |
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|
18 |
|
|
|
(1 |
) |
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|
44,554 |
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|
$ |
106,575 |
|
|
$ |
98 |
|
|
$ |
(1 |
) |
|
$ |
106,672 |
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