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Cash and cash equivalents (Tables)
12 Months Ended
Dec. 31, 2023
Cash and cash equivalents [abstract]  
Summary of Cash and Cash Equivalents
The following table presents the allocation between the Company’s cash and cash equivalents (in USD thousands):
December 31,
20232022
Bank balances$16,068 $25,820 
Total cash$16,068 $25,820 
Money market funds$60,683 $85,252 
Term deposits less than 3 months$46,500 $50,233 
Total cash equivalents$107,183 $135,485 
Cash and cash equivalents$123,251 $161,305