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

The following tables present the Company’s fair value hierarchy for assets measured at fair value on a recurring basis (in thousands):

 

 

Fair Value Measurements at June 30, 2026

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

118,212

 

 

$

 

 

$

 

 

$

118,212

 

Total cash equivalents

 

 

118,212

 

 

 

 

 

 

 

 

 

118,212

 

Cash

 

 

7,691

 

 

 

 

 

 

 

 

 

7,691

 

Total cash and cash equivalents

 

$

125,903

 

 

$

 

 

$

 

 

$

125,903

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measurements at December 31, 2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

207,585

 

 

$

 

 

$

 

 

$

207,585

 

Total cash equivalents

 

 

207,585

 

 

 

 

 

 

 

 

 

207,585

 

Cash

 

 

2,277

 

 

 

 

 

 

 

 

 

2,277

 

Total cash and cash equivalents

 

$

209,862

 

 

$

 

 

$

 

 

$

209,862