Investments - Available-for-Sale

9 Months Ended

Sep. 30, 2025

Investments, Debt and Equity Securities [Abstract]

Investments - Available-for-Sale

Investments - Available-for-Sale

Investments available-for-sale consisted of the following as of September 30, 2025 and December 31, 2024 (table in thousands):

	September 30, 2025
	Amortized Cost		Unrealized Gain		Fair Value
Available-for-Sale Securities
Debt Securities	$	10,018	$	79	$	10,097

	December 31, 2024
	Amortized Cost		Unrealized Gain		Fair Value
Available-for-Sale Securities
Debt Securities	$	5,880	$	60	$	5,940

The fair value of investments available-for-sale are determined using quoted market prices from daily exchange-traded markets based on the closing price as of the balance sheet date and are classified as a Level 1 measurement under ASC 820, Fair Value Measurements.

During the three and nine months ended September 30, 2025, the Company sold investments outstanding for a gain of $0.1 million and $0.2 million, respectively, which is included in realized gain on available-for-sale investments on the condensed consolidated statements of operations.

As of September 30, 2025, the Company's remaining available-for-sale securities are U.S. Department of the Treasury bonds and are all due within one year.