v3.26.1
Short-Term Investment (Tables)
6 Months Ended
Jun. 30, 2026
Short-Term Investments [Abstract]  
Schedule of Short-term Investments Available for Sale

Short-term investments, principally U.S. Treasury bills, are available-for-sale and consisted of the following (in thousands):

 

 

As of June 30, 2026

 

 

 

Amortized Cost

 

 

Unrealized Loss, Net

 

 

Estimated Fair Value

 

U.S. Treasury securities

 

$

195,517

 

 

$

(70

)

 

$

195,447

 

 

 

 

As of December 31, 2025

 

 

 

Amortized Cost

 

 

Unrealized Gain, Net

 

 

Estimated Fair Value

 

U.S. Treasury securities

 

$

208,126

 

 

$

53

 

 

$

208,179