| Cash, Cash Equivalents and Investments |
4. Cash, Cash Equivalents and Investments The following table sets forth the cash and cash equivalents, and investments as of June 30, 2026: | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Amortized cost | | Gross unrealized gains | | Gross unrealized losses | | Fair value | | Cash | | $ | 42,291 | | | $ | — | | | $ | — | | | $ | 42,291 | | | Cash equivalents - money market funds | | 75,145 | | | — | | | — | | | 75,145 | | | Total cash and cash equivalents | | $ | 117,436 | | | $ | — | | | $ | — | | | $ | 117,436 | | | Short-term investments: | | | | | | | | | | U.S. government treasury bills | | $ | 49,442 | | | $ | 2 | | | $ | (41) | | | $ | 49,403 | | | Total short-term investments | | $ | 49,442 | | | $ | 2 | | | $ | (41) | | | $ | 49,403 | | | Total cash, cash equivalents and short-term investments | | $ | 166,878 | | | $ | 2 | | | $ | (41) | | | $ | 166,839 | |
The following table sets forth the cash and cash equivalents, and investments as of September 30, 2025: | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in thousands) | | Amortized cost | | Gross unrealized gains | | Gross unrealized losses | | Fair value | | Cash | | $ | 32,677 | | | $ | — | | | $ | — | | | $ | 32,677 | | | Cash equivalents - money market funds | | 150,372 | | | — | | | — | | | 150,372 | | | Total cash and cash equivalents | | $ | 183,049 | | | $ | — | | | $ | — | | | $ | 183,049 | | | Short-term investments: | | | | | | | | | | U.S. government treasury bills | | $ | 49,316 | | | $ | 69 | | | $ | — | | | $ | 49,385 | | | Total short-term investments | | $ | 49,316 | | | $ | 69 | | | $ | — | | | $ | 49,385 | | | Total cash, cash equivalents and short-term investments | | $ | 232,365 | | | $ | 69 | | | $ | — | | | $ | 232,434 | |
During the nine months ended June 30, 2026 and June 30, 2025, gross realized gains and losses related to short-term investments were not material.
During the nine months ended June 30, 2026 and June 30, 2025, the Company did not recognize any credit losses related to cash, cash equivalents and short-term investments.
|