v3.26.3
Fair Value Measurement
9 Months Ended
Sep. 30, 2026
Fair Value Measurement  
Fair Value Measurement

8.     Fair Value Measurement

The following tables present the Company’s financial instruments that are measured at fair value on a recurring basis:

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​

​

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​

​

​

​

​

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​

​

​

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As of September 30, 2026

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​

Quoted Market

​

​

​

​

​

​

​

​

​

​

​

Prices in Active

​

​

​

​

Significant

​

​

​

​

​

Markets for

​

Significant Other

​

Unobservable

​

​

​

​

​

Identical Assets

​

Observable Inputs

​

Inputs

​

Total Fair Value

(in thousands)

​

(Level 1)

​

(Level 2)

​

(Level 3)

​

Measurements

Assets:

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

Cash equivalents

​

$

9,588

​

$

—

​

$

—

​

$

9,588

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

As of December 31, 2025

​

​

Quoted Market

​

​

​

​

​

​

​

​

 

​

​

Prices in Active

​

​

​

​

Significant

​

​

​

​

​

Markets for

​

Significant Other

​

Unobservable

​

​

​

​

 

Identical Assets

 

Observable Inputs

​

Inputs

​

Total Fair Value

(in thousands)

​

(Level 1)

​

(Level 2)

 

(Level 3)

​

Measurements

Assets:

  ​ ​ ​

 

  ​

  ​ ​ ​

 

  ​

  ​ ​ ​

 

  ​

  ​ ​ ​

 

  ​

Cash equivalents

 

$

9,336

​

$

—

​

$

—

 

$

9,336

​

Cash equivalents consisted of money market funds of $9.6 million and $9.3 million as of September 30, 2026 and December 31, 2025, respectively.