v3.26.1
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value of Financial Instruments [Abstract]  
Schedule of Financial Instruments that are Measured and Carried at Fair Value on a Recurring Basis The accounting policies of fair value measurements are the same as those described in Part II, Item 8, “Financial Statements and Supplementary Data—Summary of Significant Accounting Policies” in the Company’s Annual Report on Form 10-K:
   As of June 30, 2026 
   Level 1   Level 2   Level 3   Total 
Cash and cash equivalents:                
Money market funds(a)  $16,565   $
     -
   $
   -
   $16,565 
Restricted cash, non-current:                    
Money market funds(b)   745    
-
    
-
    745 
Marketable debt securities:                    
Corporate bonds(c)   
-
    128,810    
-
    128,810 
Commercial paper(c)   
-
    10,962    
-
    10,962 
U.S. Treasury securities(c)   5,002    
-
    
-
    5,002 
Total  $22,312   $139,772   $
-
   $162,084 
   As of December 31, 2025 
   Level 1   Level 2   Level 3   Total 
Cash and cash equivalents:                
Money market funds(a)  $45,355   $
    -
   $
    -
   $45,355 
Corporate bonds(a)   
-
    3,704    
-
    3,704 
Restricted cash, non-current:                    
Money market funds(b)   745    
-
    
-
    745 
Marketable debt securities:                    
Corporate bonds(c)   
-
    125,682    
-
    125,682 
U.S. Treasury securities(c)   22,551    
-
    
-
    22,551 
Total  $68,651   $129,386   $
-
   $198,037 

 

(a) Money market funds and corporate bonds with original maturities of 90 days or less are included within cash and cash equivalents in the condensed consolidated balance sheets.

 

(b) Restricted money market funds are included within restricted cash, non-current in the condensed consolidated balance sheets.

 

(c) Corporate bonds, commercial paper and U.S. Treasury securities with original maturities greater than 90 days are included within marketable debt securities in the condensed consolidated balance sheets and classified as current or non-current based upon whether the maturity of the financial asset is less than or greater than 12 months.