The following provides detail of the Company's marketable securities.


(in thousands)	Amortized Cost		Gross unrealized gain		Gross unrealized loss			Fair Value
June 30, 2026
Marketable securities:
Corporate debt securities	$	90,589	$	—	$	(195	)	$	90,394
U.S. government securities		35,066		—		(32	)		35,034
Total marketable securities	$	125,655	$	—	$	(227	)	$	125,428

December 31, 2025

Marketable securities:
Corporate debt securities	$	31,044	$	—	$	(17	)	$	31,027
U.S. government securities		36,908		23		—			36,931
Total marketable securities	$	67,952	$	23	$	(17	)	$	67,958

The Company’s marketable securities generally have contractual maturity dates of 16 months or less. As of June 30, 2026, the Company had 46 securities with a total fair market value of $125.4 million in an unrealized loss position. The Company believes any unrealized losses associated with the decline in value of its securities are temporary and the Company has the ability and intent to hold its marketable securities to maturity, therefore, an allowance for credit losses was not recognized.

As of June 30, 2026, the Company had 35 securities with a fair value of $91.9 million with a contractual maturity of less than 12 months and 11 securities with a fair value of $33.5 million with a contractual maturity of greater than 12 months. As of December 31, 2025, all of the Company's securities had a contractual maturity of less than 12 months.