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Cash, Cash Equivalents, and Marketable Securities (FY) | 12 Months Ended
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Dec. 31, 2025
Cash, Cash Equivalents, and Marketable Securities |
Cash, Cash Equivalents, and Marketable Securities | 4. Cash, Cash Equivalents, and Marketable Securities The following table provides details regarding the Company’s portfolio of cash and cash equivalents:
(in thousands) |  |  | Cost or Amortized cost |  |  | Unrealized gains |  |  | Unrealized losses |  |  | Fair value
December 31, 2025: |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  |  | $2,500 |  |  | $— |  |  | $— |  |  | $2,500
Money market funds |  |  | 43,803 |  |  | — |  |  | — |  |  | 43,803
Total |  |  | $46,303 |  |  | $— |  |  | $— |  |  | $46,303
December 31, 2024: |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  |  | $3,527 |  |  | $— |  |  | $— |  |  | $3,527
Money market funds |  |  | 29,058 |  |  | — |  |  | — |  |  | 29,058
Commercial paper |  |  | 4,988 |  |  | — |  |  | — |  |  | 4,988
Total |  |  | $37,573 |  |  | $— |  |  | $— |  |  | $37,573
The following table provides details regarding the Company’s portfolio of marketable securities:
(in thousands) |  |  | Amortized cost |  |  | Unrealized gains |  |  | Unrealized losses |  |  | Fair value
December 31, 2025: |  |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit |  |  | $— |  |  | $— |  |  | $— |  |  | $—
Commercial paper |  |  | — |  |  | — |  |  | — |  |  | —
Corporate debt securities |  |  | — |  |  | — |  |  | — |  |  | —
U.S. government securities |  |  | — |  |  | — |  |  | — |  |  | —
Total |  |  | $— |  |  | $— |  |  | $— |  |  | $—
December 31, 2024: |  |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit |  |  | $5,970 |  |  | $1 |  |  | $— |  |  | $5,971
Commercial paper |  |  | 25,433 |  |  | 6 |  |  | — |  |  | 25,439
Corporate debt securities |  |  | 1,864 |  |  | 1 |  |  | — |  |  | 1,865
U.S. government securities |  |  | 5,908 |  |  | 1 |  |  | (1) |  |  | 5,908
Total |  |  | $39,175 |  |  | $9 |  |  | $(1) |  |  | $39,183
As of December 31, 2025, all of the Company’s marketable securities matured and the proceeds were invested into money market funds, which are included in cash and cash equivalents on the Company’s balance sheet.

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- Definition The entire disclosure of cash, cash equivalent, and debt and equity securities, including realized and unrealized gain (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent + Details
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