v3.26.1
FAIR VALUE MEASUREMENT AND FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
FAIR VALUE MEASUREMENT AND FINANCIAL INSTRUMENTS  
Schedule of carrying amounts and fair values of financial instruments

The following tables set forth the carrying amounts and fair values of the Company’s financial instruments as of June 30, 2026 and December 31, 2025 (in thousands):

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​

​

​

​

​

​

  ​ ​ ​

June 30, 2026

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​

​

​

​

​

​

​

Fair Value Measurement Based on

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​

​

​

​

​

​

​

Quoted

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Significant

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​

​

​

​

​

​

​

​

​

​

Prices In

​

Other

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Significant

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​

​

​

​

​

​

​

Active

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Observable

​

Unobservable

​

​

Carrying

​

​

​

​

Markets

​

Inputs

​

Inputs

​

  ​ ​ ​

Amount

  ​ ​ ​

Fair Value

  ​ ​ ​

(Level 1)

  ​ ​ ​

(Level 2)

  ​ ​ ​

(Level 3)

Assets

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

Money market funds (cash equivalents)

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$

432

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$

432

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$

432

​

$

—

​

$

—

Money market funds (restricted cash and cash equivalents)

​

$

5,500

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$

5,500

​

$

5,500

​

$

—

​

$

—

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​

​

​

​

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​

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​

​

​

​

​

​

  ​ ​ ​

December 31, 2025

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​

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​

​

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Fair Value Measurement Based on

​

​

​

​

​

​

​

​

Quoted

​

Significant

​

​

​

​

​

​

​

​

​

​

​

Prices In

​

Other

​

Significant

​

​

​

​

​

​

​

​

Active

​

Observable

​

Unobservable

​

​

Carrying

​

​

​

​

Markets

​

Inputs

​

Inputs

​

​

Amount

​

Fair Value

​

(Level 1)

​

(Level 2)

​

(Level 3)

Assets

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

  ​ ​ ​

​

  ​

Money market funds (cash equivalents)

​

$

436

​

$

436

​

$

436

​

$

—

​

$

—

Money market funds (restricted cash and cash equivalents)

​

$

5,500

​

$

5,500

​

$

5,500

​

$

—

​

$

—

​