v3.26.1
Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Marketable Securities

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