| Schedule of Securities Classified as Cash, Cash Equivalents and Short-Term Investments |
The following table summarizes our cash, cash equivalents and short-term investments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Amortized
Cost | | Gross Unrealized | | Fair
Value | | Amortized
Cost | | Gross Unrealized | | Fair
Value | | (in thousands) | | Gains | | Losses | | | | Gains | | Losses | | | Cash and cash equivalents | | | | | | | | | | | | | | | | | Cash | $ | 7,086 | | | $ | — | | | $ | — | | | $ | 7,086 | | | $ | 18,569 | | | $ | — | | | $ | — | | | $ | 18,569 | | | Money market funds | 90,105 | | | — | | | — | | | 90,105 | | | 49,430 | | | — | | | — | | | 49,430 | | | Total cash and cash equivalents | 97,191 | | | — | | | — | | | 97,191 | | | 67,999 | | | — | | | — | | | 67,999 | | | Short-term investments | | | | | | | | | | | | | | | | | U.S. treasury securities | $ | 88,142 | | | $ | — | | | $ | (75) | | | $ | 88,067 | | | $ | 95,052 | | | $ | 105 | | | $ | — | | | $ | 95,157 | | | Commercial paper | 46,918 | | | 3 | | | (66) | | | 46,855 | | | 46,421 | | | 32 | | | (3) | | | 46,450 | | | U.S. government-sponsored agency bonds | 23,452 | | | — | | | (30) | | | 23,422 | | | 27,330 | | | 36 | | | — | | | 27,366 | | | Corporate bonds | 21,229 | | | — | | | (23) | | | 21,206 | | | 22,557 | | | 25 | | | — | | | 22,582 | | | | | | | | | | | | | | | | | | | Yankee bonds | 5,091 | | | — | | | (2) | | | 5,089 | | | 5,132 | | | 3 | | | — | | | 5,135 | | | Total short-term investments | 184,832 | | | 3 | | | (196) | | | 184,639 | | | 196,492 | | | 201 | | | (3) | | | 196,690 | | | Total cash, cash equivalents and investments | $ | 282,023 | | | $ | 3 | | | $ | (196) | | | $ | 281,830 | | | $ | 264,491 | | | $ | 201 | | | $ | (3) | | | $ | 264,689 | |
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