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Note 8 - Available-for-Sale Securities (Tables)
12 Months Ended
Dec. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Summary of Company's Cash Equivalents

The Company’s cash equivalents consisted of the following (in thousands):

 

 

 

December 31, 2025

 

 

December 31, 2024

 

Cash equivalents

 

 

 

 

 

 

Money market fund

 

$

24,134

 

 

$

46,079

 

Commercial paper

 

 

2,488

 

 

 

-

 

Securities of U.S. government and government agencies

 

 

-

 

 

 

3,978

 

Corporate debt securities

 

 

826

 

 

 

9,663

 

Total cash equivalents

 

$

27,448

 

 

$

59,720

 

Summary of Company's of Available-for-sale Securities Measured at Fair Value on Recurring Basis

The Company’s available-for-sale securities that are measured at fair value on a recurring basis consisted of the following (in thousands):

 

 

 

December 31, 2025

 

 

Maturities

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Estimated
Fair Value

 

Available-for-sale securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Securities of U.S. government and government
  agencies

 

Within one year

 

$

29,973

 

 

$

37

 

 

$

-

 

 

$

30,010

 

Commercial paper

 

Within one year

 

 

19,484

 

 

 

15

 

 

 

-

 

 

 

19,499

 

Certificates of deposit

 

Within one year

 

 

1,720

 

 

 

1

 

 

 

-

 

 

 

1,721

 

Corporate debt securities

 

Within one year

 

 

56,909

 

 

 

52

 

 

 

(1

)

 

 

56,960

 

Asset-backed securities

 

Within four years

 

 

5,914

 

 

 

7

 

 

 

(3

)

 

 

5,918

 

Total available-for-sale securities

 

 

 

$

114,000

 

 

$

112

 

 

$

(4

)

 

$

114,108