As of March 31, 2026, the Company held fourteen U.S. Treasury debt securities that were in an unrealized loss position totaling $26,293, and no U.S. Treasury debt securities in an unrealized gain position. As of December 31, 2025, the Company held seven U.S. Treasury debt securities that were in an unrealized gain position totaling $21,802 and held no securities that were in an unrealized loss position. All U.S. Treasury obligations were due to mature in less than one year for the period and year ended March 31, 2026 and December 31, 2025, respectively.

The Company received proceeds of $10.1 million from maturities of marketable securities for the three months ended March 31, 2026. The Company received proceeds of $41.6 million from maturities of marketable securities for the year ended December 31, 2025. The Company did not realize any gains or losses from maturities of marketable securities for the period ended March 31, 2026 or the year ended December 31, 2025.