| Schedule of Cost, Gross Unrealized Gains and Losses, and Fair Value of Investments |
The cost, gross unrealized gains and losses, and fair value of investments are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | As of June 30, 2026 | | Cost or Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | | | Fair Value | | Cash equivalents: | | | | | | | | | | | Commercial paper | $ | 74,048 | | | $ | — | | | $ | (7) | | | | | $ | 74,041 | | | Corporate notes and bonds | 4,000 | | | — | | | — | | | | | 4,000 | | | Money market funds | 186,289 | | | — | | | — | | | | | 186,289 | | | | | | | | | | | | | | | | | | | | | | | Total cash equivalents | 264,337 | | | — | | | (7) | | | | | 264,330 | | | Marketable securities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial paper | 1,027 | | | — | | | — | | | | | 1,027 | | | Corporate notes and bonds | 289,913 | | | 134 | | | (447) | | | | | 289,600 | | | | | | | | | | | | | U.S. government and agency securities | 123,704 | | | 75 | | | (221) | | | | | 123,558 | | | | | | | | | | | | | Total marketable securities | 414,644 | | | 209 | | | (668) | | | | | 414,185 | | | Total cash equivalents and marketable securities | $ | 678,981 | | | $ | 209 | | | $ | (675) | | | | | $ | 678,515 | |
The cost, gross unrealized gains and losses, and fair value of investments were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | As of March 31, 2026 | | Cost or Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | | | Fair Value | | Cash equivalents: | | | | | | | | | | | Commercial paper | $ | 8,500 | | | $ | — | | | $ | (2) | | | | | $ | 8,498 | | | | | | | | | | | | | Money market funds | 174,953 | | | — | | | — | | | | | 174,953 | | | | | | | | | | | | | Total cash equivalents | 183,453 | | | — | | | (2) | | | | | 183,451 | | | Marketable securities: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Commercial paper | 11,314 | | | — | | | (2) | | | | | 11,312 | | | Corporate notes and bonds | 390,900 | | | 341 | | | (468) | | | | | 390,773 | | | | | | | | | | | | | U.S. government and agency securities | 127,169 | | | 246 | | | (77) | | | | | 127,338 | | | Total marketable securities | 529,383 | | | 587 | | | (547) | | | | | 529,423 | | | Total cash equivalents and marketable securities | $ | 712,836 | | | $ | 587 | | | $ | (549) | | | | | $ | 712,874 | |
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| Schedule of Contractual Maturities of Available-For-Sale Debt Securities |
As of June 30, 2026, the contractual maturities of the Company’s available-for-sale debt securities were as follows (in thousands): | | | | | | | Fair Value | | Due within one year | $ | 374,847 | | | Due in one to two years | 117,379 | | | | | Total | $ | 492,226 | |
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