| Schedule of Cash Equivalents and Available-For-Sale Debt Securities |
Cash equivalents and available-for-sale debt securities consisted of the following as of the periods presented below (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | | Cash equivalents: | | | | | | | | | Money market funds | $ | 258,285 | | | $ | — | | | $ | — | | | $ | 258,285 | | | U.S. treasury securities | 28,705 | | | — | | | — | | | 28,705 | | | U.S. government agency securities | 100,916 | | | — | | | (5) | | | 100,911 | | Commercial paper | 54,873 | | | — | | | — | | | 54,873 | | | | | | | | | | | Total cash equivalents | 442,779 | | | — | | | (5) | | | 442,774 | | | Debt securities: | | | | | | | | | U.S. treasury securities | 20,556 | | | 1 | | | (29) | | | 20,528 | | | U.S. government agency securities | 8,691 | | | — | | | (23) | | | 8,668 | | | Corporate debt securities | 12,976 | | | 2 | | | (13) | | | 12,965 | | Commercial paper | 1,000 | | | — | | | — | | | 1,000 | | Certificates of deposit | 126,281 | | | — | | | — | | | 126,281 | | | Total debt securities | 169,504 | | | 3 | | | (65) | | | 169,442 | | | Total cash equivalents and debt securities | $ | 612,283 | | | $ | 3 | | | $ | (70) | | | $ | 612,216 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | | Cash equivalents: | | | | | | | | | Money market funds | $ | 120,923 | | | $ | — | | | $ | — | | | $ | 120,923 | | | U.S. treasury securities | 100,235 | | | 16 | | | — | | | 100,251 | | | U.S. government agency securities | 26,168 | | | 3 | | | (1) | | | 26,170 | | | Corporate debt securities | 47,466 | | | — | | | — | | | 47,466 | | | Fixed deposits | 129,875 | | | — | | | — | | | 129,875 | | | Total cash equivalents | 424,667 | | | 19 | | | (1) | | | 424,685 | | | Debt securities: | | | | | | | | | U.S. treasury securities | 131,286 | | | 102 | | | (9) | | | 131,379 | | | U.S. government agency securities | 30,868 | | | 40 | | | — | | | 30,908 | | | Corporate debt securities | 36,878 | | | 69 | | | (6) | | | 36,941 | | Commercial paper | 12,369 | | | — | | | — | | | 12,369 | | | | | | | | | | | Total debt securities | 211,401 | | | 211 | | | (15) | | | 211,597 | | | Total cash equivalents and debt securities | $ | 636,068 | | | $ | 230 | | | $ | (16) | | | $ | 636,282 | |
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| Schedule of Available-For-Sale, Unrealized Loss Position, Fair Value |
The following table presents gross unrealized losses and fair values for the securities that were in a continuous unrealized loss position as of the periods presented below (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Less than 12 months | | Greater than 12 months | | Total | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | U.S. treasury securities | $ | 12,523 | | | $ | (28) | | | $ | 5,001 | | | $ | (1) | | | $ | 17,524 | | | $ | (29) | | | U.S. government agency securities | 8,668 | | | (23) | | | — | | | — | | | 8,668 | | | (23) | | | Corporate debt securities | 9,455 | | | (13) | | | — | | | — | | | 9,455 | | | (13) | | | Total | $ | 30,646 | | | $ | (64) | | | $ | 5,001 | | | $ | (1) | | | $ | 35,647 | | | $ | (65) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Less Than 12 Months | | 12 Months or Greater | | Total | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | Fair Value | | Unrealized Loss | | U.S. treasury securities | $ | 21,500 | | | $ | (9) | | | $ | — | | | $ | — | | | $ | 21,500 | | | $ | (9) | | | | | | | | | | | | | | | Corporate debt securities | 7,495 | | | (6) | | | — | | | — | | | 7,495 | | | (6) | | | Total | $ | 28,995 | | | $ | (15) | | | $ | — | | | $ | — | | | $ | 28,995 | | | $ | (15) | |
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