v3.26.1
Investments (Tables)
 12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investments in Debt Securities The Company’s investments in debt securities consisted of the following as of December 31, 2024 (in thousands):
 
   
December 31, 2024
  
   
Cost
    
Gross
Unrealized
Gains
    
Gross
Unrealized
Losses
    
Fair Value
  
U.S. treasury securities
  
$
10,933
    
$
22
    
$
—
    
$
10,955
  
Commercial paper
    
19,067
      
7
      
—
      
19,074
  
Corporate bonds
    
81,207
      
166
      
(16
)
    
81,357
  
Certificate of deposits
    
1,561
      
—
      
—
      
1,561
  
Total debt securities
  
$
112,768
    
$
195
    
$
(16
)
  
$
112,947
  
Included in cash and cash equivalents
  
$
16,280
    
$
5
    
$
—
    
$
16,285
  
Included in marketable securities
  
$
96,488
    
$
190
    
$
(16
)
  
$
96,662
  
Schedule of Gross Unrealized Losses and Fair Value of Debt Securities in Unrealized Loss Position

The following table presents the gross unrealized losses and the fair value for those debt securities that were in an unrealized loss position for less than 12 months as of December 31, 2024 (in thousands):
 
 
December 31, 2024
  
 
Gross
Unrealized
Losses
  
Fair Value
  
U.S. agency and government sponsored securities
  
$
—
    
$
—
  
Corporate bonds
    
(16
)
    
31,546
  
Total
  
$
(16
)
  
$
31,546
  
Schedule of Equity Investments

The Company’s equity investments consisted of the following as of December 31, 2025 and 2024 (in thousands):
      
December 31,
  
  Consolidated Balance Sheets Location     2025
      2024
 
Money market funds (1)
Cash and cash equivalents
  
$
8,136
    
$
17,730
  
Marketable equity investments (1)
Marketable securities
    
2,580
      
3,165
  
Investment in non-marketable securities (2)
Other non-current assets
    
10,000
      
10,000
  
Total
    
$
20,716
    
$
30,895
  
(1)
Investments with readily determinable fair values.
(2)
Investment in privately held company without readily determinable fair value.