v3.26.1
Balance Sheet Components (Tables)
6 Months Ended
Jun. 30, 2026
Balance Sheet Related Disclosures [Abstract]  
Schedule of Investments in Marketable Securities
Investments in marketable securities, which are presented within current assets in the unaudited condensed consolidated balance sheets, consisted of the following (in thousands):
June 30, 2026
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Marketable securities
U.S. treasury securities$185,728 $— $(192)$185,536 
Commercial paper64,453 — — 64,453 
Corporate bonds34,906 — (32)34,874 
$285,087 $— $(224)$284,863 
December 31, 2025
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Marketable securities
U.S. treasury securities$205,472 $232 $— $205,704 
Commercial paper152,792 — — 152,792 
Corporate bonds29,672 10 — 29,682 
$387,936 $242 $— $388,178 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities were comprised of the following (in thousands):
June 30,
2026
December 31,
2025
Accrued salaries and employee benefits$25,738 $39,301 
Accrued income and other taxes payable9,120 13,764 
Accrued restructuring costs1,215 4,215 
Other accrued expenses and current liabilities24,072 19,510 
$60,145 $76,790