v3.26.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following tables summarize the Company’s financial assets measured at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2026:

 

 

September 30, 2026

 

 

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

Fair Value

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair Market

 

 

Hierarchy

 

Cost Basis

 

 

Gains

 

 

Losses

 

 

Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

Level 1

 

$

148,739

 

 

$

—

 

 

$

—

 

 

$

148,739

 

Marketable securities, available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury securities

Level 2

 

 

11,892

 

 

 

—

 

 

 

(30

)

 

 

11,862

 

Total

 

 

$

160,631

 

 

$

—

 

 

$

(30

)

 

$

160,601

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of Contractual Maturity of Marketable Securities

The contractual maturity of the marketable securities as of September 30, 2026 was:

 

 

Amortized

 

 

Fair

 

 

Cost

 

 

Value

 

Due in one year or less

$

11,892

 

 

$

11,862

 

Total

$

11,892

 

 

$

11,862