v3.26.1
Investments in Marketable Securities (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-Sale Securities Reconciliation
The following is a summary of the Company’s available-for-sale securities recorded within Marketable securities, current and non-current, on the Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026
Amortized
Costs
Net Unrealized Gains (Losses)		Fair
Value
Financial Assets
Short-term marketable securities:
U.S. Treasury securities$4,717 $(2)$4,715 
Corporate bonds33,689 (45)33,644 
Commercial paper49,760 (31)49,729 
      Total short-term marketable securities88,166 (78)88,088 
Long-term marketable securities:
U.S. government agency bonds41,593 (166)41,427 
Corporate bonds16,787 (92)16,695 
      Total long-term marketable securities58,380 (258)58,122 
Total marketable securities$146,546 $(336)$146,210 
December 31, 2025
Amortized
Costs
Net Unrealized Gains (Losses)		Fair
Value
Financial Assets
Short-term marketable securities:
   U.S. Treasury securities$43,159 $13 $43,172 
   Corporate bonds14,241 5 14,246 
   Commercial paper83,816 37 83,853 
      Total short-term marketable securities141,216 55 141,271 
Long-term marketable securities:
   U.S. government agency bonds31,100 (67)31,033 
   Corporate bonds21,805 17 21,822 
      Total long-term marketable securities52,905 (50)52,855 
Total marketable securities$194,121 $5 $194,126 
Investments Classified by Contractual Maturity Date
The fair values of the Company’s available-for-sale securities included within Marketable securities, current and non-current, on the Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025, by remaining contractual maturity, are as follows (in thousands):
June 30, 2026
One Year
or Less		Over
One Year
Through
Five Years		Total
Financial Assets
Short-term marketable securities:
U.S. Treasury securities$4,715 $— $4,715 
Corporate bonds33,644 — 33,644 
Commercial paper49,729 — 49,729 
Total short-term marketable securities88,088 — 88,088 
Long-term marketable securities:
U.S. government agency bonds— 41,427 41,427 
Corporate bonds— 16,695 16,695 
  Total long-term marketable securities— 58,122 58,122 
Total marketable securities$88,088 $58,122 $146,210 
December 31, 2025
One Year
or Less		Over
One Year
Through
Five Years		Total
Financial Assets
Short-term marketable securities:
   U.S. Treasury securities$43,172 $— $43,172 
   Corporate bonds14,246 — 14,246 
   Commercial paper83,853 — 83,853 
      Total short-term marketable securities141,271 — 141,271 
Long-term marketable securities:
   U.S. government agency bonds— 31,033 31,033 
   Corporate bonds— 21,822 21,822 
      Total long-term marketable securities— 52,855 52,855 
Total marketable securities$141,271 $52,855 $194,126