v3.26.1
Cash Equivalents
6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]  
Cash Equivalents

Note D – Cash Equivalents

Cash equivalents consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):

 

 

June 30, 2026

 

 

December 31, 2025

 

 

 

Cost

 

 

Estimated
Fair Value

 

 

Cost

 

 

Estimated
Fair Value

 

Institutional money market funds

 

$

436

 

 

$

436

 

 

$

417

 

 

$

417

 

Total

 

$

436

 

 

$

436

 

 

$

417

 

 

$

417

 

As a result of the short-term nature of these investments, there were immaterial unrealized holding gains or losses for the three and six months ended June 30, 2026 and 2025.

As of both June 30, 2026 and December 31, 2025, all of the investments listed above were classified as cash equivalents on our condensed consolidated balance sheets.