v3.26.1
Fair Value (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value  
Summary of financial instruments measured at fair value on a non-recurring basis

The following table summarizes the Company’s financial instruments that were measured at fair value on a non-recurring basis as of June 30, 2026:

Gross

Gross

Amortized

unrecognized

unrecognized

Aggregate

Description

  ​ ​ ​

Classification

  ​ ​ ​

cost

  ​ ​ ​

holding gains

  ​ ​ ​

holding losses

  ​ ​ ​

fair value

Commercial paper

 

Short-term investments

$

29,561

$

$

(32)

$

29,529

U.S. Treasury securities and government agency bonds

Short-term investments

36,462

16

(39)

36,439

Corporate debt

 

Short-term investments

 

24,625

(27)

 

24,598

Corporate debt

Long-term investments

6,196

(40)

6,156

U.S. Treasury securities and government agency bonds

Long-term investments

30,037

(186)

29,851

Total short-term investments and long-term investments

 

  ​

$

126,881

$

16

$

(324)

$

126,573

The following table summarizes the Company’s financial instruments that were measured at fair value on a non-recurring basis as of December 31, 2025:

Gross

Gross

Amortized

unrecognized

unrecognized

Aggregate

Description

  ​ ​ ​

Classification

  ​ ​ ​

cost

  ​ ​ ​

holding gains

  ​ ​ ​

holding losses

  ​ ​ ​

fair value

Commercial paper

 

Short-term investments

$

22,077

$

7

$

(4)

$

22,080

U.S. Treasury securities and government agency bonds

Short‑term investments

 

42,004

 

106

 

 

42,110

Corporate debt

Short‑term investments

18,898

14

(2)

18,910

Corporate debt

Long-term investments

39,558

125

39,683

U.S. Treasury securities and government agency bonds

Long-term investments

13,012

33

13,045

Total short-term investments and long-term investments

 

  ​

$

135,549

$

285

$

(6)

$

135,828