v3.26.1
Short-term Investments
 12 Months Ended
Dec. 31, 2025
Investments [Abstract]  
Short-term Investments

3. Short-term Investments

The Company had no held-to-maturity investments as of December 31, 2024. A summary of the Company’s held-to-maturity investments as of December 31, 2025 consisted of the following (in thousands):

 

 

Year Ended December 31, 2025

 

 

 

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

 

There is no allowance for credit losses in short-term investments at December 31, 2025.