v3.26.1
Short-Term Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Short-Term Investments The following tables summarize short-term investments as of June 30, 2026 and December 31, 2025:
As of June 30, 2026
Unrealized
(in thousands)Amortized CostGainsLosses
Estimated
Fair Value
Government securities
$5,441 $— $— $5,441 
Corporate debt securities
13,475 — (14)13,461 
Commercial paper
8,763 — (6)8,757 
Total short-term investments$27,679 $— $(20)$27,659 

As of December 31, 2025
Unrealized
(in thousands)Amortized CostGainsLosses
Estimated
Fair Value
Government securities$28,489 $12 $— $28,501 
Total short-term investments$28,489 $12 $— $28,501 
Summary of Available-for-Sale Investments by Maturity The following table summarizes available-for-sale investments by maturity as of June 30, 2026:
(in thousands)Amortized CostEstimated Fair Value
Due in one year or less$25,752 $25,736 
Due after one year
1,927 1,923 
Total short-term investments$27,679 $27,659 
Summary of Available-for-Sale Debt Securities in an Unrealized Loss Position
The following tables summarize the Company’s available-for-sale investments’ gross unrealized losses and fair value aggregated by investment category and the length of time that individual securities have been in a continuous loss position, as of June 30, 2026:

As of June 30, 2026
Less than 12 monthsMore than 12 monthsTotal
(in thousands)CountFair
Value		Unrealized
Losses		CountFair
Value		Unrealized
Losses		CountFair
Value		Unrealized
Losses
Corporate debt securities24 $11,956 $(14)— $— $— 24 $11,956 $(14)
Commercial paper15 7,301 (6)— — — 15 7,301 (6)
39 $19,257 $(20)— $— $— 39 $19,257 $(20)