v3.25.3
Short-Term Investments and Cash Equivalents (Tables)
 9 Months Ended
Sep. 30, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Short-Term Investments

The following table summarizes the Company's short-term investments (in thousands):

 

 

 

 

As of September 30, 2025

 

 

Maturity
(In Years)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Money market funds

 

 

 

$

31,193

 

 

$

—

 

 

$

—

 

 

$

31,193

 

U.S. government treasury bills

 

Less than 1

 

 

58,943

 

 

 

24

 

 

 

—

 

 

 

58,967

 

Commercial paper

 

Less than 1

 

 

16,086

 

 

 

26

 

 

 

—

 

 

 

16,112

 

Corporate bonds

 

Less than 1

 

 

44,486

 

 

 

67

 

 

 

—

 

 

 

44,553

 

Corporate bonds

 

More than 1 less than 2

 

 

11,500

 

 

 

22

 

 

 

—

 

 

 

11,522

 

Total

 

 

 

$

162,208

 

 

$

139

 

 

$

—

 

 

$

162,347

 

 

 

 

 

As of December 31, 2024

 

 

Maturity
(In Years)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Money market funds

 

 

 

$

27,485

 

 

$

—

 

 

$

—

 

 

$

27,485

 

U.S. government treasury bills

 

Less than 1

 

 

12,553

 

 

 

9

 

 

 

—

 

 

 

12,562

 

Commercial paper

 

Less than 1

 

 

1,743

 

 

 

1

 

 

 

—

 

 

 

1,744

 

Corporate bonds

 

Less than 1

 

 

4,256

 

 

 

5

 

 

 

—

 

 

 

4,261

 

Total

 

 

 

$

46,037

 

 

$

15

 

 

$

—

 

 

$

46,052