| Schedule of Marketable Securities |
The following table summarizes the Company’s marketable securities as of June 30, 2026:
| | | | | | | | | | | | | | | | | | | June 30, 2026 | | Amortized Cost | | Unrealized Loss | | Fair Value | Short-term marketable securities: | | | | | | | Contractual maturity of one year or less: | | | | | | Guaranteed investment certificates (“GICs”) and mutual funds | $ | 22,366 | | | $ | — | | | $ | 22,366 | | | U.S. Treasury notes | — | | | — | | | — | | | Corporate debt securities | 68,943 | | | (23) | | | 68,920 | | | 91,309 | | | (23) | | | 91,286 | | Long-term marketable securities: | | | | | | | Contractual maturity of one to three years: | | | | | | | Corporate debt securities | 51,789 | | | (12) | | | 51,777 | | | | | | | | | 51,789 | | | (12) | | | 51,777 | | | | | | | | | $ | 143,098 | | | $ | (35) | | | $ | 143,063 | |
The following table summarizes the Company’s marketable securities as of December 31, 2025: | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Amortized Cost | | Unrealized Gain | | Fair Value | Short-term marketable securities: | | | | | | Contractual maturity of one year or less: | | | | | | GICs and mutual funds | $ | 21,920 | | | $ | — | | | $ | 21,920 | | | U.S. Treasury notes | 41,263 | | | 36 | | | 41,299 | | | Corporate debt securities | 124,272 | | | 149 | | | 124,421 | | | 187,455 | | | 185 | | | 187,640 | | Long-term marketable securities: | | | | | | Contractual maturity of one to three years: | | | | | | | Corporate debt securities | 41,388 | | | 399 | | | 41,787 | | | | | | | | | 41,388 | | | 399 | | | 41,787 | | | | | | | | | $ | 228,843 | | | $ | 584 | | | $ | 229,427 | |
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| Schedule of Cash, Cash Equivalents and Marketable Securities Measured at Fair Value on a Recurring Basis |
The following tables present information about the Company’s cash, cash equivalents and marketable securities that are measured at fair value on a recurring basis, and indicate the fair value hierarchy of the valuation techniques used to determine such fair value: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | | Level 1 | | Level 2 | | Level 3 | | Total | | Level 1 | | Level 2 | | Level 3 | | Total | Cash and cash equivalents: | | | | | | | | | | | | | | | | | Cash | | | | | | | $ | 19,081 | | | | | | | | | $ | 8,968 | | | Cash equivalents: | | | | | | | | | | | | | | | | Money market funds and mutual funds | $ | 160,332 | | | $ | — | | | $ | — | | | $ | 160,332 | | | $ | 32,189 | | | $ | — | | | $ | — | | | $ | 32,189 | | | $ | 160,332 | | | $ | — | | | $ | — | | | $ | 179,413 | | | $ | 32,189 | | | $ | — | | | $ | — | | | $ | 41,157 | | | | | | | | | | | | | | | | | | Marketable securities: | | | | | | | | | | | | | | | | GICs and mutual funds | $ | 22,366 | | | $ | — | | | $ | — | | | $ | 22,366 | | | $ | 21,920 | | | $ | — | | | $ | — | | | $ | 21,920 | | U.S. Treasury notes | — | | | — | | | — | | | — | | | 41,299 | | | — | | | — | | | 41,299 | | | Corporate debt securities | — | | | 120,697 | | | — | | | 120,697 | | | — | | | 166,208 | | | — | | | 166,208 | | | $ | 22,366 | | | $ | 120,697 | | | $ | — | | | $ | 143,063 | | | $ | 63,219 | | | $ | 166,208 | | | $ | — | | | $ | 229,427 | | | | | | | | | | | | | | | | | | | $ | 182,698 | | | $ | 120,697 | | | $ | — | | | $ | 322,476 | | | $ | 95,408 | | | $ | 166,208 | | | $ | — | | | $ | 270,584 | |
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