Marketable Securities (Tables)

6 Months Ended

Jun. 30, 2026

Marketable Securities [Abstract]

Schedule of Fair Value and Amortized Cost of Cash Equivalents and Available-for-Sale Investments by Major Security Type

The fair value and amortized cost of cash equivalents and available-for-sale investments, by major security type as of June 30, 2026 and December 31, 2025 are presented in the following tables (in thousands):


		June 30, 2026
		Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
Financial assets:
Money market funds		$	35,508			$	—			$	—			$	35,508
U.S. treasury securities			7,424				1				(2	)		$	7,423
Total cash equivalents and investments		$	42,932			$	1			$	(2	)		$	42,931
Classified as:
Cash equivalents															35,508
Short-term investments															7,423
Total cash equivalents and investments														$	42,931

As of June 30, 2026, total cash, cash equivalents and available-for-sale investments of $43.0 million includes cash equivalents and marketable securities of $42.9 million plus cash of $0.1 million.


		December 31, 2025
		Amortized Cost				Unrealized Gains				Unrealized Losses				Fair Value
Financial assets:
Money market funds		$	12,695			$	—			$	—			$	12,695
U.S. treasury securities			45,132				35				—				45,167
Total cash equivalents and investments		$	57,827			$	35			$	—			$	57,862
Classified as:
Cash equivalents															12,695
Short-term investments															45,167
Total cash equivalents and investments														$	57,862

Schedule of Fair Values of Available-for-Sale Investments by Contractual Maturity

The fair values of available-for-sale securities by contractual maturity as of June 30, 2026 and December 31, 2025 were as follows:


		June 30,				December 31,
		2026				2025
		(in thousands)
Due in 1 year or less			7,423				45,167
Due in 1 - 2 years			—				—
Due in 3 years			—				—
Instruments not due at a single maturity date			35,508				12,695
Total available-for-sale securities		$	42,931			$	57,862