v3.26.1
Short-Term Investments and Cash Equivalents (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Short-Term Investments

The following table summarizes the Company's short-term investments (in thousands):

 

 

 

 

As of June 30, 2026

 

 

Maturity
(In Years)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Money market funds

 

 

 

$

84,984

 

 

$

—

 

 

$

—

 

 

$

84,984

 

U.S. government treasury bills

 

Less than 1

 

 

46,143

 

 

 

—

 

 

 

(32

)

 

 

46,111

 

Commercial paper

 

Less than 1

 

 

16,964

 

 

 

5

 

 

 

(6

)

 

 

16,963

 

Corporate bonds

 

Less than 1

 

 

32,770

 

 

 

3

 

 

 

(28

)

 

 

32,745

 

Corporate bonds

 

More than 1 less than 2

 

 

8,934

 

 

 

—

 

 

 

(5

)

 

 

8,929

 

Total

 

 

 

$

189,795

 

 

$

8

 

 

$

(71

)

 

$

189,732

 

 

 

 

 

As of December 31, 2025

 

 

Maturity
(In Years)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Money market funds

 

 

 

$

37,318

 

 

$

—

 

 

$

—

 

 

$

37,318

 

U.S. government treasury bills

 

Less than 1

 

 

43,857

 

 

 

24

 

 

 

—

 

 

 

43,881

 

Commercial paper

 

Less than 1

 

 

16,239

 

 

 

23

 

 

 

—

 

 

 

16,262

 

Corporate bonds

 

Less than 1

 

 

44,907

 

 

 

66

 

 

 

 

 

 

44,973

 

Corporate bonds

 

More than 1 less than 2

 

 

3,006

 

 

 

7

 

 

 

—

 

 

 

3,013

 

Total

 

 

 

$

145,327

 

 

$

120

 

 

$

—

 

 

$

145,447