v3.26.1
Investments - Available-for-Sale
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Investments - Available-for-Sale Investments - Available-for-Sale
Investments available-for-sale consisted of the following as of June 30, 2026 and December 31, 2025 (table in thousands):
June 30, 2026
Amortized CostUnrealized GainUnrealized LossAccrued InterestFair Value
Available-for-Sale Securities
Debt Securities$14,142 $136 $— $— $14,278 

December 31, 2025
Amortized CostUnrealized GainUnrealized LossAccrued InterestFair Value
Available-for-Sale Securities
Debt Securities$14,149 $137 $— $— $14,286 
The fair value of investments available-for-sale are determined using quoted market prices from daily exchange-traded markets based on the closing price as of the balance sheet date and are classified as a Level 1 measurement under ASC 820, Fair Value Measurements.
During the three and six months ended June 30, 2026, the Company sold investments outstanding for a gain of $0.1 million and $0.3 million, respectively. During the three and six months ended June 30, 2025, the Company sold investments outstanding for a gain of $0.1 million. These gains are included in realized gain on available-for-sale investments on the condensed consolidated statements of operations.
As of June 30, 2026, the Company's remaining available-for-sale securities are U.S. Department of the Treasury bonds and are all due within one year.