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

The following tables detail information about the Company’s financial assets and liabilities measured at fair value on a recurring basis and indicate the level of inputs used in such measurements (in thousands):

 

 

As of June 30, 2026

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

2,472

 

 

$

 

 

$

 

 

$

2,472

 

Restricted cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

200

 

 

 

 

 

 

 

 

 

200

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasuries and agencies

 

 

38,276

 

 

 

 

 

 

 

 

 

38,276

 

Corporate debt securities

 

 

 

 

 

7,295

 

 

 

 

 

 

7,295

 

Commercial paper

 

 

 

 

 

2,952

 

 

 

 

 

 

2,952

 

Total assets

 

$

40,948

 

 

$

10,247

 

 

$

 

 

$

51,195

 

 

 

 

As of December 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

6,757

 

 

$

 

 

$

 

 

$

6,757

 

U.S. Treasuries and agencies

 

 

6,891

 

 

 

 

 

 

 

 

 

6,891

 

Commercial paper

 

 

 

 

 

2,099

 

 

 

 

 

 

2,099

 

Corporate debt securities

 

 

 

 

 

1,491

 

 

 

 

 

 

1,491

 

Restricted cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

200

 

 

 

 

 

 

 

 

 

200

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasuries and agencies

 

 

25,867

 

 

 

 

 

 

 

 

 

25,867

 

Corporate debt securities

 

 

 

 

 

3,233

 

 

 

 

 

 

3,233

 

Commercial paper

 

 

 

 

 

1,991

 

 

 

 

 

 

1,991

 

Total assets

 

$

39,715

 

 

$

8,814

 

 

$

 

 

$

48,529