v3.26.1
Cash, cash equivalents and restricted cash
6 Months Ended
Jun. 30, 2026
Cash, cash equivalents and restricted cash  
Cash, cash equivalents and restricted cash

3. Cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows (in thousands):

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Cash and cash equivalents

$

136,353

$

204,990

Restricted cash

 

241

 

241

Total cash, cash equivalents and restricted cash

$

136,594

$

205,231

Amounts included in restricted cash as of June 30, 2026 and December 31, 2025 represent cash held to collateralize outstanding letters of credit provided as a security deposit for the Company’s office space located in Needham, Massachusetts in the amount of $0.2 million. The letters of credit are included in non-current restricted cash as of June 30, 2026, and in prepaid expenses and other current assets on the condensed consolidated balance sheets as of December 31, 2025.