v3.26.3
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets Measured on Recurring Basis The following tables summarize the Company’s available-for-sale marketable securities’ amortized cost, gross unrealized gains, gross unrealized losses, and fair value by significant investment category reported as cash equivalents or marketable securities as of September 30, 2026 and December 31, 2025:
(In thousands)
September 30, 2026
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Fair
Value		Cash EquivalentsMarketable
Securities
Level I
Money market funds$86,531 $— $— $86,531 $86,531 $— 
U.S. government securities19,345 2 (79)19,268 — 19,268 
Total Level I105,876 2 (79)105,799 86,531 19,268 
Level II
Corporate bonds56,215 28 (166)56,077 — 56,077 
Foreign government and agency securities999 2 — 1,001 — 1,001 
Total Level II57,214 30 (166)57,078 — 57,078 
Total$163,090 $32 $(245)$162,877 $86,531 $76,346 
(In thousands)
December 31, 2025
Amortized
Cost		Unrealized
Gain		Unrealized
Loss		Fair
Value		Cash EquivalentsMarketable
Securities
Level I
Money market funds$73,519 $— $— $73,519 $73,519 $— 
Treasury bills257,425 88 — 257,513 39,697 217,816 
U.S. government securities37,642 122 — 37,764 — 37,764 
Total Level I368,586 210 — 368,796 113,216 255,580 
Level II
Corporate bonds117,532 561 (1)118,092 — 118,092 
Foreign government and agency securities4,738 15 — 4,753 — 4,753 
Total Level II122,270 576 (1)122,845 — 122,845 
Total$490,856 $786 $(1)$491,641 $113,216 $378,425 
Schedule of Investments Classified by Contractual Maturity Date
The following table summarizes the remaining contractual maturities of our cash equivalents and marketable securities as of September 30, 2026:
(In thousands)Amortized CostFair Value
Due within one year$150,962 $150,893 
Due after one year through five years12,128 11,984 
Total$163,090 $162,877