The following tables summarize the amortized cost and estimated fair value of the Company’s marketable securities, which are considered to be available-for-sale investments (in thousands):


	March 31, 2026
	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Marketable securities, current:
U.S. Treasury securities	$	11,004	$	12	$	—	$	11,016
Commercial paper		5,469		—		—		5,469
Corporate debt securities		14,332		—		—		14,332
Total marketable securities	$	30,805	$	12	$	—	$	30,817


	December 31, 2025
	Amortized Cost		Unrealized Gain		Unrealized Loss		Fair Value
Marketable securities, current:
U.S. Treasury securities	$	30,049	$	75	$	—	$	30,124
Commercial paper		30,699		26		—		30,725
Corporate debt securities		25,162		33		—		25,195
Total marketable securities	$	85,910	$	134	$	—	$	86,044

As of March 31, 2026 and December 31, 2025, all marketable securities held by the Company had remaining contractual maturities of one year or less.

The Company has determined that there were no material changes in the credit risk, therefore, no impairment was recognized on its debt securities.