v3.26.1
Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Summary of Fair Value Measurements The following tables provide the fair value measurements of applicable Company assets that are measured at fair value on a recurring basis according to the fair value levels defined above. There were no transfers between Level 1 and Level 2 during the periods presented.
Assets at Fair Value as of June 30, 2026
Level 1Level 2Level 3Total
(in thousands)
Cash and cash equivalents$40,924 $— $— $40,924 
Short-term investments116,825 32,861 — 149,686 
Total cash and cash equivalents and short-term investments $157,749 $32,861 $— $190,610 

Assets at Fair Value as of December 31, 2025
Level 1Level 2Level 3Total
(in thousands)
Cash and cash equivalents$34,326 $— $— $34,326 
Short-term investments39,026 22,878 — 61,904 
Restricted cash29,000 — — $29,000 
Total cash and cash equivalents, short-term investments and restricted cash$102,352 $22,878 $— $125,230