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MARKETABLE SECURITIES
 6 Months Ended
Jun. 30, 2026
Marketable Securities [Abstract]  
MARKETABLE SECURITIES MARKETABLE SECURITIES
The Company’s marketable securities consisted of the following (in thousands):
June 30, 2026
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Available-for-sale securities, short-term
Corporate debt securities$28,944 $10 $(12)$28,942 
Government and agency - U.S.21,823 — (11)21,812 
Total available-for-sale securities, short-term$50,767 $10 $(23)$50,754 
December 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair Value
Available-for-sale securities, short-term
Corporate debt securities$62,793 $88 $(5)$62,876 
Total available-for-sale securities, short-term$62,793 $88 $(5)$62,876 
The following tables summarize the amount of unrealized losses, defined as the amount by which the amortized cost exceeds fair value, and the related fair value of available-for-sale marketable securities with unrealized losses, which have been segregated into two categories: those that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months (in thousands):
June 30, 2026
Less than 12 MonthsGreater than 12 MonthsTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Corporate debt securities$12,395 $(12)$— $— $12,395 $(12)
Government and agency - U.S.21,812 (11)— — 21,812 (11)
Total$34,207 $(23)$— $— $34,207 $(23)
December 31, 2025
Less than 12 MonthsGreater than 12 MonthsTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Corporate debt securities$6,036 $(3)$5,119 $(2)$11,155 $(5)
Total$6,036 $(3)$5,119 $(2)$11,155 $(5)
As of June 30, 2026, all of the Company’s available-for-sale securities mature in less than one year. As noted in the table above, none of the Company’s available-for-sale marketable securities as of June 30, 2026 have been in an unrealized loss position for more than 12 months. As of December 31, 2025, some of the Company’s available-for-sale securities had been in an unrealized loss position for more than 12 months; however, the losses were immaterial. The Company does not intend to sell any of its available-for-sale securities and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases, which may be at maturity. No credit losses were recognized on the Company’s available-for-sale securities during the three and six months ended June 30, 2026 and 2025. The Company recorded immaterial realized gains during the six months ended June 30, 2026 and 2025. No realized gains were recorded during the three months ended June 30, 2026 and 2025.