| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis |
The following tables present information about the Company’s financial assets measured at fair value on a recurring basis and indicate the level of the fair value hierarchy utilized to determine such fair values (in thousands):
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Fair Value Measurements at June 30, 2026 Using: |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Assets: |
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Cash equivalents: |
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Money market funds |
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$ |
42,141 |
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$ |
— |
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$ |
— |
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$ |
42,141 |
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Marketable securities: |
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U.S. Treasury securities |
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110,184 |
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— |
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— |
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110,184 |
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Corporate bonds |
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— |
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77,943 |
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— |
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77,943 |
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U.S. government agency debt securities |
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— |
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6,987 |
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— |
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6,987 |
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Total marketable securities |
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110,184 |
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84,930 |
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— |
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195,114 |
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Total assets |
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$ |
152,325 |
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$ |
84,930 |
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$ |
— |
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$ |
237,255 |
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Fair Value Measurements at December 31, 2025 Using: |
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Level 1 |
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Level 2 |
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Level 3 |
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Total |
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Assets: |
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Cash equivalents: |
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Money market funds |
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$ |
35,320 |
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$ |
— |
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$ |
— |
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$ |
35,320 |
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Marketable securities: |
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U.S. Treasury securities |
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39,473 |
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— |
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— |
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39,473 |
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Corporate bonds |
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— |
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82,494 |
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— |
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82,494 |
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U.S. government agency debt securities |
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— |
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3,000 |
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— |
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|
3,000 |
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Total marketable securities |
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39,473 |
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85,494 |
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— |
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124,967 |
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Total assets |
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$ |
74,793 |
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$ |
85,494 |
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$ |
— |
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$ |
160,287 |
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