As of December 31, 2025, the fair values of our financial assets and financial liabilities are categorized as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives (1)	$	—	$	87	$	—	$	87
Total assets at fair value	$	—	$	87	$	—	$	87

Liabilities:
Derivatives (1)	$	—	$	2	$	—	$	2
Total liabilities at fair value	$	—	$	2	$	—	$	2

As of June 30, 2025, the fair values of our financial assets and financial liabilities are categorized as follows:


(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Derivatives (1)	$	—	$	88	$	—	$	88
Total assets at fair value	$	—	$	88	$	—	$	88

Liabilities:
Derivatives (1)	$	—	$	81	$	—	$	81
Total liabilities at fair value	$	—	$	81	$	—	$	81

(1) Currency derivatives are valued based on observable market spot and forward rates and are classified within Level 2 of the fair value hierarchy.