| Schedule of Available for Sale Investments |
The table below summarizes the Company’s AFS investments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Amortized cost | | Allowance for credit losses | | Gross unrealized gains | | Gross unrealized losses | | Fair value | | U.S. Treasury securities | $ | 101,014 | | | $ | — | | | $ | — | | | $ | (293) | | | $ | 100,721 | | | Corporate bonds | 273,381 | | | — | | | 1 | | | (578) | | | 272,804 | | | | | | | | | | | | Total | $ | 374,395 | | | $ | — | | | $ | 1 | | | $ | (871) | | | $ | 373,525 | | | | | | | | | | | | | December 31, 2025 | | Amortized cost | | Allowance for credit losses | | Gross unrealized gains | | Gross unrealized losses | | Fair value | | U.S. Treasury securities | $ | 131,229 | | | $ | — | | | $ | 123 | | | $ | (2) | | | $ | 131,350 | | | Corporate bonds | 243,028 | | | — | | | 129 | | | (97) | | | 243,060 | | | | | | | | | | | | Total | $ | 374,257 | | | $ | — | | | $ | 252 | | | $ | (99) | | | $ | 374,410 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30,
2026 | | December 31, 2025 | Weighted-average yield of AFS investments | | | | | | | 4.22 | % | | 3.85 | % |
|
| Schedule f Debt Securities, Available-for-Sale, Allowance for Credit Loss |
The table below presents the interest income on AFS investments, included within interest income on the condensed consolidated statements of operations and comprehensive loss, and fair value of AFS investments sold during the following periods:
| | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | | | Interest income on AFS investments | $ | 3,479 | | | $ | — | | | $ | 6,925 | | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fair value of AFS investments sold | $ | 1,229 | | | $ | — | | | $ | 1,229 | | | $ | — | | | |
|
| Schedule of Amortized Cost, Fair Value and Total Weighted-Average Yield of Held-To-Maturity Investment Securities |
The table below presents the contractual maturity by major class of AFS investments. In some cases, the issuers may have the right to call obligations without penalties prior to the contractual maturity date.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | Within 1 year | | 1 to 5 years | | | | Total | Balance sheet caption: | | Available for sale investments
(current assets) | | | | Available for sale investments
(non-current assets) | | | | | | | | | Amortized cost | | Fair value | | | | | | Amortized cost | | Fair value | | | | | | Amortized cost | | Fair value | | U.S. Treasury securities | | $ | 72,181 | | | $ | 72,050 | | | | | | | $ | 28,833 | | | $ | 28,671 | | | | | | | $ | 101,014 | | | $ | 100,721 | | | Corporate bonds | | 211,204 | | | 210,863 | | | | | | | 62,177 | | | 61,941 | | | | | | | 273,381 | | | 272,804 | | | | | | | | | | | | | | | | | | | | | | | | Total | | $ | 283,385 | | | $ | 282,913 | | | | | | | $ | 91,010 | | | $ | 90,612 | | | | | | | $ | 374,395 | | | $ | 373,525 | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Within 1 year | | 1 to 5 years | | | | Total | Balance sheet caption: | | Available for sale investments
(current assets) | | | | Available for sale investments
(non-current assets) | | | | | | | | | Amortized cost | | Fair value | | | | | | Amortized cost | | Fair value | | | | | | Amortized cost | | Fair value | | U.S. Treasury securities | | $ | 72,075 | | | $ | 72,116 | | | | | | | $ | 59,154 | | | $ | 59,234 | | | | | | | $ | 131,229 | | | $ | 131,350 | | | Corporate bonds | | 128,393 | | | 128,345 | | | | | | | 114,635 | | | 114,715 | | | | | | | 243,028 | | | 243,060 | | | | | | | | | | | | | | | | | | | | | | | | Total | | $ | 200,468 | | | $ | 200,461 | | | | | | | $ | 173,789 | | | $ | 173,949 | | | | | | | $ | 374,257 | | | $ | 374,410 | |
|