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Short-Term Investments (Tables)

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Summary of short-term investments

Short-term investments as of December 31, 2024 consisted of the following (in thousands):

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​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	Gross		​	​	​
​	​	Amortized		​	Unrealized		​	Estimated
​		Cost			Gain			Fair Value
U.S. government securities	​	$	127,413	​	$	16	​	$	127,429
Certificates of deposit	​		541	​		—	​		541
Total short-term investments	​	$	127,954	​	$	16	​	$	127,970

​

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Short-term investments as of September 30, 2025 consisted of the following (in thousands):

​

​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	Gross		​	​	​
​	​	Amortized		​	Unrealized		​	Estimated
​		Cost			Gain			Fair Value
U.S. government securities	​	$	50,758	​	$	9	​	$	50,767
Certificates of deposit	​	​	552	​	​	—	​	​	552
Total short-term investments	​	$	51,310	​	$	9	​	$	51,319

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- Definition

Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets.

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