The amortized cost, unrealized gain (loss) and estimated fair value of the Company’s cash, cash equivalents and marketable securities are as follows: | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | | Amortized Cost | | Gross Unrealized Loss | | Fair Value | | | (In thousands) | | Cash and cash equivalents: | | | | | | | | Cash and restricted cash | | $ | 12,865 | | | $ | — | | | $ | 12,865 | | | Money market | | 205,547 | | | — | | | 205,547 | | | Marketable securities: | | | | | | | | U.S. treasuries | | 59,672 | | | (8) | | | 59,664 | | | Corporate bonds | | 8,052 | | | (2) | | | 8,050 | | | | $ | 286,136 | | | $ | (10) | | | $ | 286,126 | |
| | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | | Amortized Cost | | Gross Unrealized Gain | | Fair Value | | | (In thousands) | | Cash and cash equivalents: | | | | | | | | Cash and restricted cash | | $ | 7,687 | | | $ | — | | | $ | 7,687 | | | Money market | | 168,028 | | | — | | | 168,028 | | | Marketable securities: | | | | | | | | U.S. treasuries | | 9,884 | | | 14 | | | 9,898 | | | Corporate bonds | | 152,372 | | | 43 | | | 152,415 | | | | $ | 337,971 | | | $ | 57 | | | $ | 338,028 | |
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