Gross Unrealized

Losses

Amortized

Less than

Greater than

Estimated

September 30, 2026

Cost

Gains

One Year

Fair Value

Short-term investments:

Available-for-sale securities:

U.S. government and agency debt securities

$

65,556

$

5

$

(149

)

$

—

$

65,412

Corporate debt securities

58,885

2

(149

)

—

58,738

 Total short-term investments

124,441

7

(298

)

—

124,150

Long-term investments:

Available-for-sale securities:

U.S. government and agency debt securities

11,953

—

(155

)

—

11,798

Corporate debt securities

20,399

—

(232

)

—

20,167

32,352

—

(387

)

—

31,965

Held-to-maturity securities:

Certificates of deposit

145

—

—

—

145

Total long-term investments

32,497

—

(387

)

—

32,110

Total investments

$

156,938

$

7

$

(685

)

$

—

$

156,260

December 31, 2025

Short-term investments:

Available-for-sale securities:

U.S. government and agency debt securities

$

101,033

$

338

$

—

$

—

$

101,371

Corporate debt securities

97,740

534

—

—

98,274

 Total short-term investments

198,773

872

—

—

199,645

Long-term investments:

Held-to-maturity securities:

Certificates of deposit

145

—

—

—

145

Total long-term investments

145

—

—

—

145

Total investments

$

198,918

$

872

$

—

$

—

$

199,790