The following table represents the Company’s financial assets measured at fair value on a recurring basis at June 30, 2026 and December 31, 2025:


	Amortized Cost Basis		Fair Value Measurements Using
			Level 1		Level 2		Level 3		Total
Cash Equivalents:
Money Market Accounts	$	428,287	$	428,287	$	—	$	—	$	428,287
Short-term Investments:
CDs	252,000		—		251,996		—		251,996
Treasury Bills	9,975		—		9,975		—		9,975
Corporate Bonds and Paper	43,713		—		43,664		—		43,664
Investments:
U.S. Government Securities	169,437		—		169,070		—		169,070
Treasury Bills	129,940		—		129,652		—		129,652
Corporate Bonds and Paper	521,472		—		519,979		—		519,979
Total as of June 30, 2026	$	1,554,824	$	428,287	$	1,124,336	$	—	$	1,552,623


	Amortized Cost Basis		Fair Value Measurements Using
			Level 1		Level 2		Level 3		Total
Cash Equivalents:
CDs	$	255,000	$	—	$	255,093	$	—	$	255,093
Money Market Accounts	402,909		402,909		—		—		402,909
Short-term Investments:
CDs	417,800		—		418,374		—		418,374
Investments:
U.S. Government Securities	5,865		—		5,862		—		5,862
Corporate Bonds	27,089		—		27,096		—		27,096
Total as of December 31, 2025	$	1,108,663	$	402,909	$	706,425	$	—	$	1,109,334