Marketable securities consist of the following as of June 30, 2026 and December 31, 2025 (in thousands):


	As of June 30, 2026
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Commercial paper	$	142,108	$	—	$	(59	)	$	142,049
Corporate bonds		17,493		—		(4	)		17,489
Total	$	159,601	$	—	$	(63	)	$	159,538


	As of December 31, 2025
	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
Commercial paper	$	9,772	$	1	$	(1	)	$	9,772
Corporate bonds		2,743		1		-			2,744
Total	$	12,515	$	2	$	(1	)	$	12,516

As of June 30, 2026, all marketable securities held by the Company had remaining contractual maturities of one year or less.

There were no impairments of the Company’s assets measured and carried at fair value during the six months ended June 30, 2026 and 2025.

As of June 30, 2026, an immaterial amount of unrealized losses were associated with marketable securities with contractual maturities of one year or less.