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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents information about the Company’s financial instruments that are accounted for at fair value on a recurring basis at September 30, 2025 and December 31, 2024 (in thousands):

 

 

 

 

 

Fair Value

 

 

 

Fair Value
Category

 

September 30, 2025

 

 

December 31, 2024

 

Assets:

 

 

 

 

 

 

 

 

Money market funds

 

Level 1

 

$

6,769

 

 

$

9,295

 

Short-term investments

 

Level 2

 

 

123,042

 

 

 

118,566

 

Mutual funds

 

Level 1

 

 

18,909

 

 

 

18,581

 

Financial Instruments Measured At Carrying Amount

The following table presents information about the Company’s financial instruments that are not carried at fair value at September 30, 2025 and December 31, 2024 (in thousands):

 

 

 

September 30, 2025

 

 

December 31, 2024

 

 

Carrying
Amount

 

 

Fair
Value

 

 

Carrying
Amount

 

 

Fair
Value

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

2030 Notes

 

$

400,000

 

 

$

392,000

 

 

$

400,000

 

 

$

382,000