XML 30 R9.htm IDEA: XBRL DOCUMENT v3.26.1
Investments
 3 Months Ended
Mar. 31, 2026
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
The following table represents the Company’s investments by major security type (amounts in thousands):
March 31, 2026
Amortized Cost
Gross Unrealized Gain
Total Fair Value
Cash equivalents:
Money market fund$88,860 $— $88,860 
Total $88,860 $— $88,860 
December 31, 2025
Amortized Cost
Gross Unrealized GainTotal Fair Value
Investments:
U.S. government securities$23,867 $6 $23,873 
Cash equivalents:
Money market fund52,270 — 52,270 
Total $76,137 $6 $76,143 
 
The Company's money market funds are calculated using level 1 inputs and the Company's U.S. government securities are valued using level 2 inputs. U.S. government securities outstanding as of December 31, 2025 matured in January 2026. There were no impairments of U.S. government securities or money market funds for the three months ended March 31, 2026 and the year ended December 31, 2025.
The Company has a related party investment in a private company’s preferred stock. The Company did not identify any impairment indicators or observable price changes for this investment as of March 31, 2026. The Company had no other investments held at March 31, 2026 other than those included in the table above.