v3.26.1
Financial Instruments and Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following table presents information about the Company’s financial instruments that are measured at fair value on a recurring basis (in thousands):
June 30, 2026
Level 1 Level 2 Level 3 Total
Assets
Cash equivalents
Money market funds $ 151,153  $ —  $ —  $ 151,153 
Liabilities
Other liabilities
Contingent consideration $ —  $ —  $ 1,504  $ 1,504 
December 31, 2025
Level 1 Level 2 Level 3 Total
Assets
Cash equivalents
Money market funds $ 212,232  $ —  $ —  $ 212,232 
Schedule of Investments in Held to Maturity Debt Securities The following table summarizes the amortized cost, unrealized gains, unrealized losses, and fair value in U.S. Treasury securities classified as held-to-maturity (in thousands):
June 30, 2026
Amortized
cost
Unrealized
gains
Unrealized
losses
Fair
value
Due within one year or less
$ 2,070  $ $ —  $ 2,076 
Due between one and two years
—      — 
Total held-to-maturity securities
$ 2,070  $ 6  $   $ 2,076 
December 31, 2025
Amortized
cost
Unrealized
gains
Unrealized
losses
Fair
value
Due within one year or less
$ 8,179  $ 20  $ —  $ 8,199 
Due between one and two years
—  —  —  — 
Total held-to-maturity securities
$ 8,179  $ 20  $   $ 8,199