| Schedule of Amortized Cost and Estimated Fair Value |
The following tables summarize the amortized cost and estimated fair value of the Company’s current and noncurrent marketable securities (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | Marketable securities, current: | | | | | | | | U.S. Treasury securities | $ | 96,171 | | | $ | 11 | | | $ | (74) | | | $ | 96,108 | | Commercial paper | 26,699 | | | — | | | (17) | | | 26,682 | | Corporate debt | 19,565 | | | — | | | (23) | | | 19,542 | | Government agency securities | 5,385 | | | — | | | (8) | | | 5,377 | | Total marketable securities, current | 147,820 | | | 11 | | | (122) | | | 147,709 | | Marketable securities, noncurrent: | | | | | | | | U.S. Treasury securities | 41,895 | | | — | | | (258) | | | 41,637 | | Government agency securities | 14,680 | | | — | | | (78) | | | 14,602 | | Corporate debt | 984 | | | — | | | (1) | | | 983 | | Total marketable securities, noncurrent | 57,559 | | | — | | | (337) | | | 57,222 | | Total marketable securities | $ | 205,379 | | | $ | 11 | | | $ | (459) | | | $ | 204,931 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Amortized Cost | | Unrealized Gain | | Unrealized Loss | | Fair Value | Marketable securities, current: | | | | | | | | | U.S. Treasury securities | $ | 135,801 | | | $ | 263 | | | $ | — | | | $ | 136,064 | | | Commercial paper | 24,391 | | | 10 | | | (5) | | | 24,396 | | | Corporate debt | 11,813 | | | 3 | | | (1) | | | 11,815 | | | Government agency securities | 5,145 | | | 11 | | | — | | | 5,156 | | Total marketable securities, current | 177,150 | | | 287 | | | (6) | | | 177,431 | | Marketable securities, noncurrent: | | | | | | | | | U.S. Treasury securities | 55,793 | | | 208 | | | — | | | 56,001 | | | Government agency securities | 18,368 | | | 51 | | | — | | | 18,419 | | Total marketable securities, noncurrent | 74,161 | | | 259 | | | — | | | 74,420 | | Total marketable securities | $ | 251,311 | | | $ | 546 | | | $ | (6) | | | $ | 251,851 | |
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