v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments

The following table summarizes the Company’s investments held (in thousands):

 

 

 

March 31, 2026

 

 

 

Amortized
Cost

 

 

Unrealized Holding
Gains

 

 

Unrealized Holding
Losses

 

 

Fair Value

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. Treasuries

 

$

129,924

 

 

$

—

 

 

$

(228

)

 

$

129,696

 

Long-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. Treasuries

 

 

30,061

 

 

 

—

 

 

 

(24

)

 

 

30,037

 

Total financial assets

 

$

159,985

 

 

$

—

 

 

$

(252

)

 

$

159,733

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2025

 

 

 

Amortized
Cost

 

 

Unrealized Holding
Gains

 

 

Unrealized Holding
Losses

 

 

Fair Value

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. Treasuries

 

$

169,662

 

 

$

279

 

 

$

—

 

 

$

169,941

 

Long-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

   U.S. Treasuries

 

 

17,639

 

 

 

31

 

 

 

—

 

 

 

17,670

 

Total financial assets

 

$

187,301

 

 

$

310

 

 

$

—

 

 

$

187,611