v3.26.1
Investments in Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Debt Securities, Available-for-Sale
All of the Company’s debt securities are classified as available-for-sale. The Company’s cash equivalents and investments as of June 30, 2026 and December 31, 2025 consisted of the following:
June 30, 2026
(In thousands)Fair Value Level
Amortized cost
Gross Unrealized GainsGross Unrealized LossesEstimated Fair ValueCash EquivalentsShort-term investments
Money market funds1$2,490 $— $— $2,490 $2,490 $— 
Commercial paper22,996 — (1)2,995 — 2,995 
Total cash equivalents and investments$5,486 $— $(1)$5,485 $2,490 $2,995 
December 31, 2025
(In thousands)Fair Value Level
Amortized cost
Gross Unrealized GainsGross Unrealized LossesEstimated Fair ValueCash EquivalentsShort-term investments
Money market funds1$18,602 $— $— $18,602 $18,602 $— 
Commercial paper223,397 (1)23,397 16,425 6,972 
U.S. Corporate bonds23,503 — 3,504 — 3,504 
Total cash equivalents and investments$45,502 $$(1)$45,503 $35,027 $10,476