The following table presents the placement in the fair value hierarchy of financial assets that are measured at fair value on a recurring basis as of June 30, 2026:


	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		June 30, 2026
Assets
U.S. government debt securities	$	—	$	18,893	$	—	$	18,893

Certificates of deposit	—		3,476		—		3,476

Total	$	—	$	22,369	$	—	$	22,369

The following table presents the placement in the fair value hierarchy of financial assets that are measured at fair value on a recurring basis as of December 31, 2025:


	Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		December 31, 2025
Assets
U.S. government debt securities	$	—	$	66,676	$	—	$	66,676
Certificates of deposit	—		3,398		—		3,398
Corporate bonds	—		61		—		61
Total	$	—	$	70,135	$	—	$	70,135