v3.26.1
3. Restricted Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2026
Debt Securities, Available-for-Sale, Restricted [Abstract]  
Schedule of restricted marketable securities
Restricted marketable securities consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
 
 
June 30,
2026
December 31,
2025
U.S. debt$114,005 $115,350 
Foreign government obligations53,321 54,156 
Supranational debt28,112 28,276 
U.S. government obligations18,877 19,390 
Total restricted marketable securities$214,315 $217,172 
Schedule of restricted marketable securities, including unrealized gain or loss
The following tables summarize the unrealized gains and losses related to our restricted marketable securities, by major security type, as of June 30, 2026 and December 31, 2025 (in thousands):
 As of June 30, 2026
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
U.S. debt$141,850 $— $27,845 $114,005 
Foreign government obligations65,549 — 12,228 53,321 
Supranational debt30,013 70 1,971 28,112 
U.S. government obligations24,226 — 5,349 18,877 
Total$261,638 $70 $47,393 $214,315 
 As of December 31, 2025
Amortized
Cost
Unrealized
Gains
Unrealized
Losses
Fair
Value
U.S. debt$142,790 $— $27,440 $115,350 
Foreign government obligations67,091 — 12,935 54,156 
Supranational debt30,123 59 1,906 28,276 
U.S. government obligations24,274 — 4,884 19,390 
Total$264,278 $59 $47,165 $217,172