v3.26.1
Investments (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of investments in short-term marketable debt securities
The fair value and amortized cost of investments in short-term marketable debt securities by major security type as of June 30, 2026 and December 31, 2025 are as follows:
(in thousands)
June 30, 2026
Amortized cost
Gross unrealized gains
Fair value
Certificates of Deposit
58,747 
378 
59,125 
Total
$
58,747
$
378
$
59,125
Of which classified within short-term marketable debt securities
58,747 
378 
59,125 

(in thousands)
December 31, 2025
Amortized cost
Gross unrealized gains
Fair value
Certificates of Deposit
59,166 
285 
59,451 
Total
$
59,166
$
285
$
59,451
Of which classified within short-term marketable debt securities
59,166 
285 
59,451 
Schedule of fair value changes of marketable securities
The following table presents the changes in fair values of the Company’s short-term marketable debt securities, classified as Level 2 financial assets, and recognized in “Accumulated other comprehensive income” for the six months ended June 30, 2026 and 2025, respectively:
(in thousands)
Six Months Ended June 30, 2026
Six Months Ended June 30, 2025
Balance as of January 1
$
285 
$
5,407 
Other comprehensive income before reclassifications
2,235 
5,955 
Amounts reclassified from accumulated other comprehensive income
(2,142)
(10,619)
Balance as of June 30
$
378
$
743