v3.26.1
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following tables summarize the Company’s financial assets that are measured at fair value on a recurring basis (in thousands):

 

 

 

 

 

Fair Value Measurements Using

 

As of June 30, 2026

 

Total

 

 

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)

 

 

Significant
Other
Observable
Inputs (Level 2)

 

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

55,358

 

 

$

55,358

 

 

$

 

 

$

 

U.S. Treasury securities

 

 

13,977

 

 

 

 

 

 

13,977

 

 

 

 

Short-term investments:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

 

191,566

 

 

 

 

 

 

191,566

 

 

 

 

Total

 

$

260,901

 

 

$

55,358

 

 

$

205,543

 

 

$