Fair Value (Tables)

9 Months Ended

Sep. 30, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value Assets Measured on Recurring Basis

The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of September 30, 2026 (in thousands):


		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Assets
Marketable securities
Money market funds - equity securities		$	1,673			$	1,673			$	—			$	—
Corporate bonds and notes - debt securities			55,227				—				55,227				—
Commercial paper - debt securities			7,722				—				7,722				—
Treasury and agency notes and bills - debt securities			490				—				490				—
Total Assets		$	65,112			$	1,673			$	63,439			$	—

The following sets forth the fair value, and classification within the hierarchy, of the Company’s assets required to be measured at fair value on a recurring basis as of December 31, 2025 (in thousands):


		Fair Value				Quoted Prices in Active Markets for Identical Assets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Assets
Marketable securities
Money market funds - equity securities		$	200			$	200			$	—			$	—
Corporate bonds and notes - debt securities			53,784				—				53,784				—
Commercial paper - debt securities			8,113				—				8,113				—
Treasury and agency notes and bills - debt securities			1,700				—				1,700				—
Total Assets		$	63,797			$	200			$	63,597			$	—

Schedule of Carrying Amounts and Estimated Fair Values

The carrying amounts and estimated fair values are as follows (in thousands):


		September 30, 2026								December 31, 2025
		Carrying Amount				Estimated Fair Value				Carrying Amount				Estimated Fair Value
Long-term debt, net (1)		$	380,774			$	380,298			$	418,454			$	419,501

(1) Carrying amounts of long-term debt are net of unamortized debt discount and issuance costs of $5.7 million and $8.3 million as of September 30, 2026 and December 31, 2025, respectively. See “Note 8 – Debt” for additional information.