v3.26.3
Short-Term Investments (Tables)
 9 Months Ended
Sep. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Short-Term Investments The following tables summarize short-term investments as of September 30, 2026 and December 31, 2025:
As of September 30, 2026
Unrealized
(in thousands)Amortized CostGainsLosses
Estimated
Fair Value
Corporate debt securities
$17,513 $1 $(48)$17,466 
Government securities13,119 — (7)13,112 
Commercial paper
10,767 — (18)10,749 
Total short-term investments$41,399 $1 $(73)$41,327 

As of December 31, 2025
Unrealized
(in thousands)Amortized CostGainsLosses
Estimated
Fair Value
Government securities$28,489 $12 $— $28,501 
Total short-term investments$28,489 $12 $— $28,501 
Summary of Available-for-Sale Investments by Maturity The following table summarizes available-for-sale investments by maturity as of September 30, 2026:
(in thousands)Amortized CostEstimated Fair Value
Due in one year or less$38,890 $38,830 
Due after one year through five years2,509 2,497 
Due after five years— — 
Total short-term investments$41,399 $41,327 
Summary of Available-for-Sale Debt Securities in an Unrealized Loss Position
The following tables summarize the Company’s available-for-sale investments’ gross unrealized losses and fair value aggregated by investment category and the length of time that individual securities have been in a continuous loss position, as of September 30, 2026:

As of September 30, 2026
Less than 12 monthsMore than 12 monthsTotal
(in thousands)CountFair
Value		Unrealized
Losses		CountFair
Value		Unrealized
Losses		CountFair
Value		Unrealized
Losses
Government securities9 11,611 (7)— — — 9 11,611 (7)
Corporate debt securities29 $16,458 $(48)— $— $— 29 $16,458 $(48)
Commercial paper19 10,259 (18)— — — 19 10,259 (18)
57 $38,328 $(73)— $— $— 57 $38,328 (73)