Marketable Debt Securities (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Marketable Debt Securities [Abstract] |
|
| Schedule of Marketable Debt Securities |
Marketable debt securities,
all of which were classified as available-for-sale, consist of the following:
| | |
As of June 30, 2026 | |
| | |
Amortized
Cost | | |
Unrealized
Gains | | |
Unrealized
Losses | | |
Estimated
Fair Value | |
| Marketable debt securities: | |
| | |
| | |
| | |
| |
| Corporate bonds | |
$ | 109,672 | | |
$ | 6 | | |
$ | (224 | ) | |
$ | 109,454 | |
| Commercial paper | |
| 10,965 | | |
| - | | |
| (3 | ) | |
| 10,962 | |
| U.S. Treasury securities | |
| 5,000 | | |
| 2 | | |
| - | | |
| 5,002 | |
| Marketable debt securities, non-current: | |
| | | |
| | | |
| | | |
| | |
| Corporate bonds | |
| 19,500 | | |
| - | | |
| (144 | ) | |
| 19,356 | |
| Total | |
$ | 145,137 | | |
$ | 8 | | |
$ | (371 | ) | |
$ | 144,774 | |
| | |
As of December 31, 2025 | |
| | |
Amortized
Cost | | |
Unrealized
Gains | | |
Unrealized
Losses | | |
Estimated
Fair Value | |
| Marketable debt securities: | |
| | |
| | |
| | |
| |
| Corporate bonds | |
$ | 83,291 | | |
$ | 77 | | |
$ | (22 | ) | |
$ | 83,346 | |
| U.S. Treasury securities | |
| 22,493 | | |
| 58 | | |
| - | | |
| 22,551 | |
| Marketable debt securities, non-current: | |
| | | |
| | | |
| | | |
| | |
| Corporate bonds | |
| 42,359 | | |
| 11 | | |
| (34 | ) | |
| 42,336 | |
| Total | |
$ | 148,143 | | |
$ | 146 | | |
$ | (56 | ) | |
$ | 148,233 | |
|
| Schedule of Marketable Debt Securities in a Loss Position |
Marketable debt securities
in a loss position consist of the following:
| |
|
As
of June 30, 2026 |
|
| |
|
In
Continuous
Loss Position
Less Than 12 Months |
|
|
In
Continuous
Loss Position
Greater Than 12 Months |
|
|
Total |
|
| |
|
Estimated
Fair Value |
|
|
Unrealized
Losses |
|
|
Estimated
Fair Value |
|
|
Unrealized
Losses |
|
|
Estimated
Fair Value |
|
|
Unrealized
Losses |
|
| Marketable
debt securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate
bonds |
|
$ |
95,855 |
|
|
$ |
(224 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
95,855 |
|
|
$ |
(224 |
) |
| Commercial
paper |
|
|
10,962 |
|
|
|
(3 |
) |
|
|
- |
|
|
|
- |
|
|
|
10,962 |
|
|
|
(3 |
) |
| Marketable
debt securities, non-current: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Corporate
bonds |
|
|
19,356 |
|
|
|
(144 |
) |
|
|
- |
|
|
|
- |
|
|
|
19,356 |
|
|
|
(144 |
) |
| Total |
|
$ |
126,173 |
|
|
$ |
(371 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
126,173 |
|
|
$ |
(371 |
) |
| | |
As of December 31, 2025 | |
| | |
In Continuous
Loss Position
Less Than 12 Months | | |
In Continuous
Loss Position
Greater Than 12 Months | | |
Total | |
| | |
Estimated
Fair Value | | |
Unrealized
Losses | | |
Estimated
Fair Value | | |
Unrealized
Losses | | |
Estimated
Fair Value | | |
Unrealized
Losses | |
| Marketable debt securities: | |
| | |
| | |
| | |
| | |
| | |
| |
| Corporate bonds | |
$ | 24,034 | | |
$ | (22 | ) | |
$ | - | | |
$ | - | | |
$ | 24,034 | | |
$ | (22 | ) |
| Marketable debt securities, non-current: | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Corporate bonds | |
| 29,824 | | |
| (34 | ) | |
| - | | |
| - | | |
| 29,824 | | |
| (34 | ) |
| Total | |
$ | 53,858 | | |
$ | (56 | ) | |
$ | - | | |
$ | - | | |
$ | 53,858 | | |
$ | (56 | ) |
|
| Schedule of Interest and Investment Income |
Interest and investment income (expense) consist
of the following:
| | |
For the Three Months Ended
June 30, | | |
For the Six Months Ended
June 30, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| Interest income | |
$ | 1,480 | | |
$ | 1,223 | | |
$ | 3,136 | | |
$ | 2,778 | |
| Accretion of discount (Amortization of premium), net | |
| 170 | | |
| 389 | | |
| 353 | | |
| 555 | |
| Dividend income | |
| 6 | | |
| 14 | | |
| 14 | | |
| 22 | |
| Total | |
$ | 1,656 | | |
$ | 1,626 | | |
$ | 3,503 | | |
$ | 3,355 | |
|