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Cash and Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2025
Cash and Cash Equivalents [Abstract]  
Summary of Reconciliation of Cash and Cash Equivalents
A reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets to the amount reported within the condensed consolidated statements of cash flows is shown in the table below (in thousands):
September 30, 2025September 30, 2024
Cash and cash equivalents$91,435 $95,400 
Restricted cash551 592 
Total cash, cash equivalents and restricted cash at the end of the period
$91,986 $95,992 
Summary of Marketable Securities
The amortized cost, unrealized holding gains and losses and fair value of the Company’s marketable securities by major security type at each balance sheet date are summarized in the tables below (in thousands):
September 30, 2025
Amortized Cost
Unrealized Holding Gains
Unrealized Holding Losses
Fair Value
Short-term marketable securities:
U.S. agency securities
$82,805 $822 $— $83,627 
Corporate debt securities19,977 145 — 20,122 
Total short-term marketable securities$102,782 $967 $— $103,749 
December 31, 2024
Amortized Cost
Unrealized Holding Gains
Unrealized Holding Losses
Fair Value
Short-term marketable securities:
U.S. agency securities$90,918 $1,652 $(4)$92,566 
Corporate debt securities55,046 718 — 55,764 
Total short-term marketable securities$145,964 $2,370 $(4)$148,330