v3.26.3
Marketable securities (Tables)
 9 Months Ended
Sep. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Marketable securities

Marketable securities as of September 30, 2026 consisted of the following (in thousands):

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

cost

 

 

gains

 

 

losses

 

 

value

 

Description

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

270,931

 

 

$

9

 

 

$

(1,389

)

 

$

269,551

 

U.S. Treasury securities

 

 

263,977

 

 

 

—

 

 

 

(982

)

 

 

262,995

 

Total

 

$

534,908

 

 

$

9

 

 

$

(2,371

)

 

$

532,546

 

Marketable securities as of December 31, 2025 consisted of the following (in thousands):

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

cost

 

 

gains

 

 

losses

 

 

value

 

Description

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

$

99,543

 

 

$

53

 

 

$

—

 

 

$

99,596

 

U.S. Treasury securities

 

 

147,514

 

 

 

111

 

 

 

—

 

 

 

147,625

 

Total

 

$

247,057

 

 

$

164

 

 

$

—

 

 

$

247,221