v3.25.4

Marketable Securities - Schedule of Fair Values and Unrealized Losses on Marketable Securities (Details) - USD ($) $ in Thousands | Dec. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Fair Value |  |
Fair value, less than 12 months | $ 153,643 | $ 339,813
Fair value, 12 months or greater | 9,729 | 18,813
Fair value, total | 163,372 | 358,626
Unrealized Losses |  |
Unrealized losses, less than 12 months | (156) | (1,017)
Unrealized losses, 12 months or greater | (3) | (8)
Unrealized losses, total | (159) | (1,025)
U.S. agency obligations |  |
Fair Value |  |
Fair value, less than 12 months | 94,786 | 114,378
Fair value, 12 months or greater | 4,741 | 0
Fair value, total | 99,527 | 114,378
Unrealized Losses |  |
Unrealized losses, less than 12 months | (107) | (353)
Unrealized losses, 12 months or greater | (3) | 0
Unrealized losses, total | (110) | (353)
Corporate notes and bonds |  |
Fair Value |  |
Fair value, less than 12 months | 21,617 | 89,794
Fair value, 12 months or greater | 0 | 18,813
Fair value, total | 21,617 | 108,607
Unrealized Losses |  |
Unrealized losses, less than 12 months | (38) | (191)
Unrealized losses, 12 months or greater | 0 | (8)
Unrealized losses, total | (38) | (199)
U.S. treasury securities |  |
Fair Value |  |
Fair value, less than 12 months | 37,240 | 135,641
Fair value, 12 months or greater | 4,988 | 0
Fair value, total | 42,228 | 135,641
Unrealized Losses |  |
Unrealized losses, less than 12 months | (11) | (473)
Unrealized losses, 12 months or greater | 0 | 0
Unrealized losses, total | $ (11) | $ (473)

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