v3.26.1
Investments
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
Investments consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026December 31, 2025
Debt securities (available-for-sale)
Swedish treasury securities$117,635 $64,934 
Finnish corporate notes26,483 — 
Equity securities
Private equity funds1,355 1,694 
Total investments$145,473 $66,628 
Debt securities
As of June 30, 2026, the Company's investments in debt securities consisted of Swedish treasury securities maturing within one year and Finnish corporate notes maturing in approximately two years. As of June 30, 2026 and December 31, 2025, the amortized cost and fair value of these investments were as follows (in thousands):
June 30, 2026December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesAggregate Fair ValueAmortized CostGross Unrealized GainsAggregate Fair Value
Swedish treasury securities$117,538 $97 $— $117,635 $64,825 $109 $64,934 
Finnish corporate notes26,544 — (61)26,483 — — —