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FAIR VALUE MEASUREMENTS
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS FAIR VALUE MEASUREMENTS
The Company’s investments in money market accounts are recorded as cash equivalents at fair value on the condensed consolidated balance sheets. Additionally, the Company carries its available-for-sale debt securities at fair value. See Note 3, “Marketable Securities,” for further details. The Company’s borrowings under its credit facility approximate fair value due to the variable-rate nature of the debt. See Note 11, “Commitments and Contingencies,” for further details.
The following table represents the fair value of the Company’s cash equivalents, short-term marketable securities, and other investments measured at fair value on a recurring basis as of December 31, 2025 (in thousands):
December 31, 2025
Level 1Level 2Level 3Total
Cash equivalents:
Money market funds$57,123 $— $— $57,123 
U.S. government securities— 215 — 215 
Commercial paper— 554 — 554 
Short-term marketable securities:
Certificates of deposit— 3,662 — 3,662 
Commercial paper— 3,522 — 3,522 
Corporate bonds— 41,339 — 41,339 
Agency bonds— 1,241 — 1,241 
U.S. government securities— 53,526 — 53,526 
Other investments:
Certificates of deposit(1)
— 5,000 — 5,000 
Total cash equivalents, short-term marketable securities and other investments$57,123 $109,059 $— $166,182 
(1)    Reflected in prepaid expenses and other current assets on the condensed consolidated balance sheets.
There were no cash equivalents, short-term marketable securities, or other investments as of June 30, 2026.