The following tables summarize the amortized cost and estimated fair value of the Company’s available-for-sale investments as of June 30, 2026 and December 31, 2025 (in thousands):
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|
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June 30, 2026 |
|
|
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
Short-term investments: |
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|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury securities |
|
$ |
41,603 |
|
|
$ |
2 |
|
|
$ |
(32 |
) |
|
$ |
41,573 |
|
U.S. government-sponsored enterprise securities |
|
|
6,972 |
|
|
|
— |
|
|
|
(3 |
) |
|
|
6,969 |
|
|
|
$ |
48,575 |
|
|
$ |
2 |
|
|
$ |
(35 |
) |
|
$ |
48,542 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
|
Amortized Cost |
|
|
Gross Unrealized Gains |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
Short-term investments: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury securities |
|
$ |
66,991 |
|
|
$ |
101 |
|
|
$ |
— |
|
|
$ |
67,092 |
|
U.S. government-sponsored enterprise securities |
|
|
9,981 |
|
|
|
10 |
|
|
|
— |
|
|
|
9,991 |
|
|
|
$ |
76,972 |
|
|
$ |
111 |
|
|
$ |
— |
|
|
$ |
77,083 |
|
|