v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Summary of Investments

The following table summarizes the investments at March 31, 2026 (in thousands):

 

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

As of March 31, 2026

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

21,607

 

 

$

3

 

 

$

(18

)

 

$

21,592

 

U.S. treasury bill

 

 

985

 

 

 

—

 

 

 

—

 

 

 

985

 

Total short-term investments

 

$

22,592

 

 

$

3

 

 

$

(18

)

 

$

22,577

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

13,153

 

 

$

—

 

 

$

(66

)

 

$

13,087

 

Total investments

 

$

13,153

 

 

$

—

 

 

$

(66

)

 

$

13,087

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2025

 

 

 

 

 

 

 

 

 

 

 

 

Maturities < 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

18,772

 

 

$

19

 

 

$

(3

)

 

$

18,788

 

Total short-term investments

 

$

18,772

 

 

$

19

 

 

$

(3

)

 

$

18,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturities > 1 Year

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

16,247

 

 

$

3

 

 

$

(11

)

 

$

16,239

 

Total investments

 

$

16,247

 

 

$

3

 

 

$

(11

)

 

$

16,239