Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of valuation of the Company's investments and financial instruments that are measured at fair value on a recurring basis

The following table summarizes the valuation of the Company’s financial assets and liabilities that are measured at fair value on a recurring basis:


	December 31, 2025								December 31, 2024
			Fair value measurement category								Fair value measurement category
(In thousands)	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Assets:
Money market funds	$	38,110	$	38,110	$	—	$	—	$	43,307	$	43,307	$	—	$	—
Commercial paper (a)	7,111		—		7,111		—		1,953		—		1,953		—
Corporate notes	83,034		—		83,034		—		71,763		—		71,763		—
U.S. government agency bonds	10,651		—		10,651		—		7,857		—		7,857		—
U.S. government securities (a)	47,766		—		47,766		—		16,150		—		16,150		—
Total assets	$	186,672	$	38,110	$	148,562	$	—	$	141,030	$	43,307	$	97,723	$	—

Liabilities:
Deferred compensation plan liabilities	$	1,422	$	—	$	1,422	$	—	$	306	$	—	$	306	$	—
Total liabilities	$	1,422	$	—	$	1,422	$	—	$	306	$	—	$	306	$	—

(a) Approximately $47.8 million of U.S. government securities and $2.0 million of commercial paper had an original maturity of 90 days or less and were recorded as a cash equivalent as of December 31, 2025. Approximately $16.2 million of U.S. government securities had an original maturity of 90 days or less and were recorded as a cash equivalent as of December 31, 2024.