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Cash Equivalents and Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2025
Cash and Cash Equivalents [Abstract]  
Schedule of Fair Value and Amortized Cost of Cash Equivalents
The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):
December 31, 2025
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds
$
49,766 
$
— 
$
— 
$
49,766 
U.S. Treasury securities
175,839 
233 
— 
176,072 
U.S. government agency securities
6,528 
— 
6,533 
Corporate debt securities
4,430 
— 
4,434 
Total cash equivalents and fixed income marketable securities
$
236,563 
$
242 
$
— 
$
236,805 
Classified as:
Fair Value
Cash equivalents
$
49,766 
Marketable securities
187,039 
Marketable securities, non-current
— 
Total cash equivalents and fixed income marketable securities
$
236,805 
December 31, 2024
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds
$
73,975 
$
— 
$
— 
$
73,975 
U.S. Treasury securities
226,049 
262 
(40)
226,271 
U.S. government agency securities
36,765 
51 
(1)
36,815 
Corporate debt securities
21,473 
20 
(1)
21,492 
Total cash equivalents and fixed income marketable securities
$
358,262 
$
333 
$
(42)
$
358,553 
Classified as:
Fair Value
Cash equivalents
$
80,639 
Marketable securities
264,900 
Marketable securities, non-current
13,014 
Total cash equivalents and fixed income marketable securities
$
358,553 
Schedule of Fair Value and Amortized Cost of Marketable Securities
The fair value and amortized cost of cash equivalents and fixed income marketable securities by major security type are as follows (in thousands):
December 31, 2025
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds
$
49,766 
$
— 
$
— 
$
49,766 
U.S. Treasury securities
175,839 
233 
— 
176,072 
U.S. government agency securities
6,528 
— 
6,533 
Corporate debt securities
4,430 
— 
4,434 
Total cash equivalents and fixed income marketable securities
$
236,563 
$
242 
$
— 
$
236,805 
Classified as:
Fair Value
Cash equivalents
$
49,766 
Marketable securities
187,039 
Marketable securities, non-current
— 
Total cash equivalents and fixed income marketable securities
$
236,805 
December 31, 2024
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Money market funds
$
73,975 
$
— 
$
— 
$
73,975 
U.S. Treasury securities
226,049 
262 
(40)
226,271 
U.S. government agency securities
36,765 
51 
(1)
36,815 
Corporate debt securities
21,473 
20 
(1)
21,492 
Total cash equivalents and fixed income marketable securities
$
358,262 
$
333 
$
(42)
$
358,553 
Classified as:
Fair Value
Cash equivalents
$
80,639 
Marketable securities
264,900 
Marketable securities, non-current
13,014 
Total cash equivalents and fixed income marketable securities
$
358,553