v3.26.1
Available-for-sale Securities (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Available-for-sale Securities

The following table summarizes the Company's available-for-sale securities as of June 30, 2026 and December 31, 2025 (in thousands):

 

 

June 30, 2026

 

 

 

 

 

Unrealized

 

 

 

 

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Estimated Fair Value

 

U.S. Treasury Bills

 

$

148,885

 

 

$

 

 

$

(54

)

 

$

148,831

 

Total available-for-sale securities

 

$

148,885

 

 

$

 

 

$

(54

)

 

$

148,831

 

 

 

 

December 31, 2025

 

 

 

 

 

Unrealized

 

 

 

 

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Estimated Fair Value

 

U.S. Treasury Bills

 

$

19,961

 

 

$

3

 

 

$

 

 

$

19,964

 

Total available-for-sale securities

 

$

19,961

 

 

$

3

 

 

$

 

 

$

19,964