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Investments in Securities

6 Months Ended

12 Months Ended

Jun. 30, 2025

Dec. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Investments in Securities

11.Investments in Securities

The Company did not hold any investments in securities as of June 30, 2025. As of December 31, 2024, the cost and fair value of marketable securities was as follows:

		December 31, 2024
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Fair Value
U.S. Treasury bills		$	55,009			$	190			$	—			$	55,199
Municipal bonds			9,631				38				(351	)			9,318
Corporate/government bonds			479				33				—				512
Other bonds			478				34				—				512
		$	65,597			$	295			$	(351	)		$	65,541

The aggregated unrealized gain (loss) on available-for-sale debt securities in the amounts of $0 and $(56) have been recognized in accumulated other comprehensive income (loss) in the Company’s condensed consolidated balance sheets (unaudited) as of June 30, 2025 and December 31, 2024, respectively.

11.Investments in Securities

The cost and fair value of marketable securities are as follows:

			December 31, 2024
(in thousands)			Amortized Cost			Gross Unrealized Gains			Gross Unrealized Losses			Fair Value
U.S. Treasury bills		$	55,009		$	190		$	—		$	55,199
Municipal bonds			9,631			38			(351)			9,318
Corporate/government bonds			479			33			—			512
Other bonds			478			34			—			512
		$	65,597		$	295		$	(351)		$	65,541

			December 31, 2023
(in thousands)			Amortized Cost			Gross Unrealized Gains			Gross Unrealized Losses			Fair Value
U.S. Treasury bills		$	60,801		$	131		$	—		$	60,932
Municipal bonds			9,543			148			(404)			9,287
Corporate/government bonds			477			29			—			506
Other bonds			478			27			—			505
		$	71,299		$	335		$	(404)		$	71,230

The aggregated unrealized gain (loss) on available-for-sale debt securities in the amounts of $(56) and $(69) have been recognized in accumulated other comprehensive loss in the Company’s consolidated balance sheets as of December 31, 2024 and December 31, 2023, respectively.

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- References

No definition available.

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- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 940
-SubTopic 320
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/940-320/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name Regulation S-K (SK)
-Number 229
-Section 1403
-Paragraph b
-Publisher SEC

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 320
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
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-URI https://asc.fasb.org/1943274/2147482106/820-10-50-6B

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-SubTopic 320
-Name Accounting Standards Codification
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