v3.26.1
Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments

The following table summarizes the investments at June 30, 2026 (in thousands):

 

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

As of June 30, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

37,171

 

 

$

—

 

 

$

(83

)

 

$

37,088

 

U.S. treasury bill

 

 

6,425

 

 

 

—

 

 

 

(2

)

 

 

6,423

 

Total short-term investments

 

$

43,596

 

 

$

—

 

 

$

(85

)

 

$

43,511

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

17,047

 

 

$

—

 

 

$

(87

)

 

$

16,960

 

Total investments

 

$

17,047

 

 

$

—

 

 

$

(87

)

 

$

16,960

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

18,772

 

 

$

19

 

 

$

(3

)

 

$

18,788

 

Total short-term investments

 

$

18,772

 

 

$

19

 

 

$

(3

)

 

$

18,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

16,247

 

 

$

3

 

 

$

(11

)

 

$

16,239

 

Total investments

 

$

16,247

 

 

$

3

 

 

$

(11

)

 

$

16,239