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v3.26.1

Marketable Investments (Tables) | 3 Months Ended
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Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract] |
Summary of Company's marketable investments | The following table summarizes the Company’s marketable investments (in thousands):
|  | As of March 31, 2026 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Market |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Corporate obligations |  | $ | 20,042 |  |  | $ | 21 |  |  | $ | (20 | ) |  | $ | 20,043 |
Money market funds |  |  | 51,526 |  |  |  | — |  |  |  | — |  |  |  | 51,526 |
Total |  | $ | 71,568 |  |  | $ | 21 |  |  | $ | (20 | ) |  | $ | 71,569 |
|  | As of December 31, 2025 |
|  |  |  |  | Gross |  |  | Gross |  |  |  |
|  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Market |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Corporate obligations |  | $ | 16,641 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 16,722 |
Money market funds |  |  | 47,599 |  |  |  | — |  |  |  | — |  |  |  | 47,599 |
Total |  | $ | 64,240 |  |  | $ | 81 |  |  | $ | — |  |  | $ | 64,321 |
Summarizes the maturity periods of the marketable investments | The following table summarizes the maturity periods of the marketable investments in the Company’s portfolio as of March 31, 2026 (in thousands).
|  | FY 2026 |  |  | FY 2027 |  |  | FY 2028 |  |  | FY 2029 |  |  | Total |
Corporate obligations |  | $ | 5,055 |  |  | $ | 6,304 |  |  | $ | 6,941 |  |  | $ | 1,743 |  |  | $ | 20,043 |
Money market funds |  |  | 51,526 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 51,526 |
Total |  | $ | 56,581 |  |  | $ | 6,304 |  |  | $ | 6,941 |  |  | $ | 1,743 |  |  | $ | 71,569 |
Unrealized Losses on Debt Investments | The following table shows the gross unrealized losses and market value of the Company’s available-for-sale securities with unrealized losses that are not deemed to be other-than-temporary, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position (in thousands):
|  | As of March 31, 2026 |
|  | Less Than 12 Months |  |  | 12 Months or Greater |
|  | Market |  |  | Unrealized |  |  | Market |  |  | Unrealized |
|  | Value |  |  | Losses |  |  | Value |  |  | Losses |
Corporate obligations |  | $ | 10,000 |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |
Total |  | $ | 10,000 |  |  | $ | 20 |  |  | $ | — |  |  | $ | — |

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