v3.26.1
Investments and Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available for Sale Securities
The carrying amount, unrealized gain and loss, and fair value of investments by major security type were as follows:
June 30, 2026
Amortized
Cost
Gross
Unrealized Gain
Gross
Unrealized
Loss
Fair Value
Fair Value Hierarchy
(In thousands)
Cash equivalents:
 
Money market funds$10,000 $— $— $10,000 Level 1
U.S. Treasury Securities3,611 — — 3,611 Level 2
Total cash equivalents13,611 — — 13,611 
Marketable securities:
U.S. treasury and agency securities21,636 6 (86)21,556 Level 2
Restricted cash, current:
Money market funds1,935 — — 1,935 Level 1
Total$37,182 $6 $(86)$37,102 

December 31, 2025
Amortized
Cost
Gross
Unrealized Gain
Fair Value
Fair Value Hierarchy
(In thousands)
Cash equivalents:
 
Money market funds$29,639 $— $29,639 
Level 1
Marketable securities:
U.S. treasury and agency securities24,655 84 24,739 Level 2
Restricted cash, current:
Money market funds1,937 — 1,937 
Level 1
Total$56,231 $84 $56,315 
The following table summarizes the stated maturities of the Company’s marketable securities:
June 30, 2026
(In thousands)
Amortized
Cost
Fair Value
Due within one year$12,392 $12,382 
Due after one year through two years9,244 9,174 
Total marketable securities
$21,636 $21,556