v3.26.1
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Major Categories of Assets and Liabilities Measured at Fair Value on Recurring Basis

Included in the following tables are the Company’s major categories of assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025:

 

 

June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

 

 

$

300.1

 

 

$

 

 

$

300.1

 

Certificates of deposit

 

$

 

 

$

75.0

 

 

$

 

 

$

75.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

 

$

 

 

$

299.4

 

 

$

 

 

$

299.4

 

Certificates of deposit

 

$

 

 

$

75.1

 

 

$

 

 

$

75.1