Marketable Investments (Tables)

6 Months Ended

Jun. 30, 2026

Investments, Debt and Equity Securities [Abstract]

Summary of Company's marketable investments

The following table summarizes the Company’s marketable investments (in thousands):


		As of June 30, 2026
						Gross				Gross
		Amortized				Unrealized				Unrealized				Market
		Cost				Gains				Losses				Value
Corporate obligations		$	18,511			$	10			$	(45	)		$	18,476
Money market funds			52,841				—				—				52,841
Total		$	71,352			$	10			$	(45	)		$	71,317


		As of December 31, 2025
						Gross				Gross
		Amortized				Unrealized				Unrealized				Market
		Cost				Gains				Losses				Value
Corporate obligations		$	16,641			$	81			$	—			$	16,722
Money market funds			47,599				—				—				47,599
Total		$	64,240			$	81			$	—			$	64,321

Summarizes the maturity periods of the marketable investments

The following table summarizes the maturity periods of the marketable investments in the Company’s portfolio as of June 30, 2026 (in thousands).


		FY 2026				FY 2027				FY 2028				FY 2029				Total
Corporate obligations		$	3,688			$	5,798			$	6,933			$	2,057			$	18,476
Money market funds			52,841				—				—				—				52,841
Total		$	56,529			$	5,798			$	6,933			$	2,057			$	71,317

Unrealized Losses on Debt Investments

The following table shows the gross unrealized losses and market value of the Company’s available-for-sale securities with unrealized losses that are not deemed to be other-than-temporary, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):


		As of June 30, 2026
		Less Than 12 Months								12 Months or Greater
		Market				Unrealized				Market				Unrealized
		Value				Losses				Value				Losses
Corporate obligations		$	12,052			$	45			$	—			$	—
Total		$	12,052			$	45			$	—			$	—