v3.26.1
Short-term Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Schedule of Investments [Abstract]  
Schedule of Short-term Investments in Marketable Securities

The following tables summarize the Company’s short-term investments in marketable securities (in thousands):

As of June 30, 2026

 

Maturity
(in years)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Estimated
Fair Value

 

U.S. Treasury securities

 

1 or less

 

$

191,801

 

 

$

—

 

 

$

(235

)

 

$

191,566

 

Total

 

 

 

$

191,801

 

 

$

—

 

 

$

(235

)

 

$

191,566

 
Schedule of Marketable Securities in Continuous Unrealized Loss Position for Which an Allowance for Credit Losses was Not Recorded

The following table summarizes marketable securities in a continuous unrealized loss position for which an allowance for credit losses was not recorded (in thousands):

 

 

Less Than 12 Months

 

 

Total

 

As of June 30, 2026

 

Fair Value

 

 

Unrealized Losses

 

 

Fair Value

 

 

Unrealized Losses

 

U.S. Treasury securities

 

$

186,577

 

 

$

(235

)

 

$

186,577

 

 

$

(235

)

Total

 

$

186,577

 

 

$

(235

)

 

$

186,577

 

 

$

(235

)