The following table summarizes unrealized positions for our investment securities classified as available-for-sale fixed-maturity debt securities, disaggregated by class of instrument (in thousands):


	Amortized Cost		Allowances for Credit Losses		Total Unrealized Gains		Total Unrealized Losses		Fair Value

As of September 30, 2026
Commercial Paper	$	120,201	$	—	$	—	$	384	$	119,817
Corporate Notes	10,071		—		—		35		10,036
U.S. Treasury Bills	35,661		—		—		93		35,568
U.S. Government Agencies	80,887		—		—		233		80,654
Total	$	246,820	$	—	$	—	$	745	$	246,075
As of December 31, 2025
Commercial Paper	$	12,439	$	—	$	—	$	4	$	12,435
U.S. Treasury Bills	7,459		—		1		—		7,460
U.S. Government Agencies	4,982		—		—		—		4,982
Total	$	24,880	$	—	$	1	$	4	$	24,877