| Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis |
Assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025, are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Quoted Prices |
|
|
Significant |
|
|
|
|
|
|
|
|
|
|
|
in Active |
|
|
Other |
|
|
Significant |
|
|
|
|
|
|
|
Markets for |
|
|
Observable |
|
|
Unobservable |
|
|
|
|
|
|
|
Identical Assets |
|
|
Inputs |
|
|
Inputs |
|
Assets |
|
Total |
|
|
(Level 1) |
|
|
(Level 2) |
|
|
(Level 3) |
|
June 30, 2026 |
|
(in thousands) |
|
Cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds |
|
$ |
|
24,548 |
|
|
$ |
|
24,548 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury notes |
|
|
|
39,931 |
|
|
|
|
39,931 |
|
|
|
|
— |
|
|
|
|
— |
|
U.S. Government agency securities |
|
|
|
23,940 |
|
|
|
|
23,940 |
|
|
|
|
— |
|
|
|
|
— |
|
Corporate bonds |
|
|
|
43,371 |
|
|
|
|
— |
|
|
|
|
43,371 |
|
|
|
|
— |
|
Commercial paper |
|
|
|
5,803 |
|
|
|
|
— |
|
|
|
|
5,803 |
|
|
|
|
— |
|
Total cash equivalents and marketable securities |
|
$ |
|
137,593 |
|
|
$ |
|
88,419 |
|
|
$ |
|
49,174 |
|
|
$ |
|
— |
|
December 31, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Money market funds |
|
$ |
|
51,161 |
|
|
$ |
|
51,161 |
|
|
$ |
|
— |
|
|
$ |
|
— |
|
Commercial paper |
|
|
|
3,477 |
|
|
|
|
— |
|
|
|
|
3,477 |
|
|
|
|
— |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury notes |
|
|
|
72,805 |
|
|
|
|
72,805 |
|
|
|
|
— |
|
|
|
|
— |
|
U.S. Government agency securities |
|
|
|
15,387 |
|
|
|
|
15,387 |
|
|
|
|
— |
|
|
|
|
— |
|
Corporate bonds |
|
|
|
44,260 |
|
|
|
|
— |
|
|
|
|
44,260 |
|
|
|
|
— |
|
Commercial paper |
|
|
|
3,939 |
|
|
|
|
— |
|
|
|
|
3,939 |
|
|
|
|
— |
|
Total cash equivalents and marketable securities |
|
$ |
|
191,029 |
|
|
$ |
|
139,353 |
|
|
$ |
|
51,676 |
|
|
$ |
|
— |
|
|