Fair Value Measurements

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Fair Value Measurements

Note 5. Fair Value Measurements

The fair value measurements of our financial assets at September 30, 2025 and December 31, 2024 are summarized as follows:

	Fair Value Measurements at September 30, 2025
	Level I		Level II		Level III		Total
Cash and cash equivalents	$	17,878	$	—	$	—	$	17,878
Restricted cash	665		—		—		665
Held-to-maturity investments:
Commercial paper	—		4,814		—		4,814
U.S. government agency bonds	—		3,000		—		3,000
State and municipal bonds	—		5,998		—		5,998
Corporate bonds and notes	—		133,525		—		133,525
	$	18,543	$	147,337	$	—	$	165,880

	Fair Value Measurements at December 31, 2024
	Level I		Level II		Level III		Total
Cash and cash equivalents	$	9,227	$	—	$	—	$	9,227
Restricted cash	665		—		—		665
Held-to-maturity investments:
Commercial paper	—		982		—		982
U.S. government agency bonds	—		17,442		—		17,442
State and municipal bonds	—		10,934		—		10,934
Corporate bonds and notes	—		181,326		—		181,326
	$	9,892	$	210,684	$	—	$	220,576