Fair value measurement (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of the Company's Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following tables set forth the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2026 and December 31, 2025, based on the three-tier fair value hierarchy:

(In thousands)

As of March 31, 2026	Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market accounts	$	22,332	$	—	$	—	$	22,332
Available-for-sale securities:
U.S. government securities	19,549		—		—		19,549
Corporate debt securities	5,692		49,998		—		55,690
Other debt securities	—		13,434		—		13,434
Convertible promissory note	—		—		2,983		2,983
Total	$	47,573	$	63,432	$	2,983	$	113,988
As of December 31, 2025
Assets:
Cash equivalents:
Money market accounts	$	31,241	$	—	$	—	$	31,241
Available-for-sale securities:
U.S. government securities	20,749		—		—		20,749
Corporate debt securities	6,700		45,180		—		51,880
Other debt securities	—		14,510		—		14,510
Convertible promissory note	—		—		2,983		2,983
Total	$	58,690	$	59,690	$	2,983	$	121,363