v3.26.1
Short-term Investments
 6 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Short-term Investments

3. Short-term Investments

A summary of the Company’s held-to-maturity investments as of June 30, 2026 and December 31, 2025 consisted of the following (in thousands):

 

 

Six Months Ended June 30, 2026

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

U.S. Treasury securities - mature September 2026

 

$

35,300

 

 

$

—

 

 

$

(8

)

 

$

35,292

 

Total

 

$

35,300

 

 

$

—

 

 

$

(8

)

 

$

35,292

 

 

 

 

Year Ended December 31, 2025

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

U.S. Treasury securities - mature April 2026

 

$

47,745

 

 

$

32

 

 

$

—

 

 

$

47,777

 

Total

 

$

47,745

 

 

$

32

 

 

$

—

 

 

$

47,777

 

There is no allowance for credit losses in short-term investments as of June 30, 2026 and December 31, 2025.