v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value The following tables summarize the Company’s financial assets measured at fair value as of June 30, 2026 and December 31, 2025:
Amortized cost or carrying valueUnrealized gainsUnrealized lossesFair value measurements on a recurring basis
June 30, 2026
Level 1Level 2Level 3Total
(In thousands)
Financial assets:
Cash and cash equivalents:
Money market account$93,223 $— $— $93,223 $— $— $93,223 
Commercial paper57,239 — — 57,239 — — 57,239 
Total included in cash and cash equivalents150,462 — — 150,462 — — 150,462 
Marketable securities:
Commercial paper4,440 15 — 4,455 — — 4,455 
Total marketable securities4,440 15 — 4,455 — — 4,455 
Total financial assets$154,902 $15 $— $154,917 $— $— $154,917 
Amortized cost or carrying valueUnrealized gainsUnrealized lossesFair value measurements on a recurring basis
December 31, 2025
Level 1Level 2Level 3Total
(In thousands)
Financial assets:
Cash and cash equivalents:
Money market account$65,027 $— $— $65,027 $— $— $65,027 
Commercial paper29,082 — — 29,082 — — 29,082 
Total included in cash and cash equivalents94,109 — — 94,109 — — 94,109 
Marketable securities:
Time deposits5,000 — 5,005 — — 5,005 
Commercial paper3,447 24 — 3,471 — — 3,471 
Total marketable securities8,447 29 — 8,476 — — 8,476 
Total financial assets$102,556 $29 $— $102,585 $— $— $102,585 
Schedule of Contractual Maturities of Marketable Securities The following table summarizes the contractual maturities of marketable securities as of June 30, 2026:
Amortized costAggregate fair value
(In thousands)
Financial assets:
Less than one year$4,440 $4,455 
Total$4,440 $4,455