| Summary of company's cash and cash equivalents, short-term investments and long-term investments |
The following table summarizes the Company’s cash, cash equivalents and short-term investments (in thousands):
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AS OF JUNE 30, 2026 |
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CLASSIFICATION |
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MATURITY |
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AMORTIZED COST |
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GROSS UNREALIZED GAINS |
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GROSS UNREALIZED LOSSES |
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FAIR MARKET VALUE |
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Cash and money market funds |
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Cash and cash equivalents |
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Less than three months |
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$ |
301,454 |
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$ |
— |
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$ |
— |
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$ |
301,454 |
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Commercial paper |
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Short-term investments |
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1 year or less |
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12,357 |
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— |
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(11 |
) |
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12,346 |
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Government and government agency bonds |
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Short-term investments |
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1 year or less |
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16,331 |
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5 |
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(1 |
) |
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16,335 |
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Corporate debt obligations |
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Short-term investments |
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1 year or less |
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18,264 |
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— |
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(8 |
) |
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18,256 |
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Corporate debt obligations |
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Short-term investments |
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Greater than 1 year |
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1,009 |
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— |
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(6 |
) |
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1,003 |
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Total cash, cash equivalents and short-term investments |
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$ |
349,415 |
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$ |
5 |
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$ |
(26 |
) |
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$ |
349,394 |
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AS OF DECEMBER 31, 2025 |
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CLASSIFICATION |
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MATURITY |
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AMORTIZED COST |
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GROSS UNREALIZED GAINS |
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GROSS UNREALIZED LOSSES |
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FAIR MARKET VALUE |
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Cash and money market funds |
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Cash and cash equivalents |
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Less than three months |
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$ |
26,701 |
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$ |
— |
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$ |
— |
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$ |
26,701 |
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Commercial paper |
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Short-term investments |
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1 year or less |
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15,916 |
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5 |
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(3 |
) |
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15,918 |
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Government and government agency bonds |
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Short-term investments |
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1 year or less |
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43,334 |
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73 |
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— |
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43,407 |
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Corporate debt obligations |
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Short-term investments |
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1 year or less |
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19,938 |
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29 |
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— |
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19,967 |
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Corporate debt obligations |
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Short-term investments |
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Greater than 1 year |
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2,016 |
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1 |
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(2 |
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2,015 |
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Total cash, cash equivalents and short-term investments |
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$ |
107,905 |
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$ |
108 |
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$ |
(5 |
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$ |
108,008 |
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