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Short-Term Investments (Tables)
12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Summary of Available-For-Sale Investment Debt Securities Held

The following tables summarize the available-for-sale investment debt securities held at December 31, 2025 and 2024 (in thousands):

 

 

 

December 31, 2025

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Total Fair Value

 

U.S. Treasury bonds

 

$

62,863

 

 

$

81

 

 

$

 

 

$

62,944

 

  Total

 

$

62,863

 

 

$

81

 

 

$

 

 

$

62,944

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2024

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Total Fair Value

 

U.S. Treasury bonds

 

$

11,985

 

 

$

 

 

$

 

 

$

11,985

 

  Total

 

$

11,985

 

 

$

 

 

$

 

 

$

11,985

 

Summary of Available-For-Sale Investment Debt Securities by Contractual Maturity

As of December 31, 2025, the available-for-sale investment debt securities by contractual maturity were as follows (in thousands):

 

 

Amortized Cost

 

 

Fair Value

 

Due in one year or less

 

$

62,863

 

 

$

62,944

 

Total

 

$

62,863

 

 

$

62,944