v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured on Recurring Basis
The following table summarizes the assets measured at fair value on a recurring basis by level within the fair value hierarchy as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$37,368 $— $— $37,368 
Short-term investments
US government and agency securities18,106 — 18,106 
Commercial paper— 12,733 — 12,733 
Total$55,474 $12,733 $— $68,207 
December 31, 2025
Level 1Level 2Level 3Total
Cash equivalents
Money market funds$35,785 $— $— $35,785 
Short-term investments
US government and agency securities17,129 — 17,129 
Commercial paper— 9,632 — 9,632 
Total$52,914 $9,632 $— $62,546 
Schedule of Debt Securities, Available-for-Sale
The following tables summarize the Company's short-term investments on the unaudited condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Short-term investments
US government and agency securities$18,130 $— $(24)$18,106 
Commercial paper12,743 — (10)12,733 
Total$30,873 $— $(34)$30,839 
December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Short-term investments
US government and agency securities$17,122 $$— $17,129 
Commercial paper9,632 (1)9,632 
Total$26,754 $$(1)$26,761 
Schedule of Cash and Cash Equivalents
The following tables summarize the Company’s cash and cash equivalents on the unaudited condensed consolidated balance sheets as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Cash$10,262 $— $— $10,262 
Cash equivalents
Money market funds 37,368 — — 37,368 
Total$47,630 $— $— $47,630 
December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Cash$19,174 $— $— $19,174 
Cash equivalents
Money market funds 35,785 — — 35,785 
Total$54,959 $— $— $54,959