v3.26.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair value of Cash Equivalents and Marketable Securities
The fair-value hierarchy of the Company’s cash equivalents and short-term investments at June 30, 2026 and December 31, 2025, was as follows:
Fair Value Measurement at
June 30, 2026
(In thousands)Total Fair ValueQuoted Prices in
Active Markets for
Identical Assets
 (Level 1)
Significant Other
Observable Inputs
 (Level 2)
Commercial paper$8,438 $— $8,438 
Corporate securities192,001 — 192,001 
Money market funds593 593 — 
U.S. government securities1,250 — 1,250 
Total$202,282 $593 $201,689 
Fair Value Measurement at
December 31, 2025
(In thousands)Total Fair ValueQuoted Prices in
Active Markets for
Identical Assets
 (Level 1)
Significant Other
 Observable Inputs
(Level 2)
Commercial paper$5,555 $— $5,555 
Corporate securities189,258 — 189,258 
Money market funds3,559 3,559 — 
U.S. government securities999 — 999 
Total$199,371 $3,559 $195,812