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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
13. Accumulated Other Comprehensive Income (Loss)
Other comprehensive income (loss) consists of two components: unrealized gains or losses on the Company’s available-for-sale marketable investments and gains or losses from foreign currency translation adjustments. Until realized and reported as a component of consolidated net income (loss), these comprehensive income (loss) items accumulate and are included within accumulated other comprehensive income (loss). Unrealized gains and losses on our marketable investments are reclassified from accumulated other comprehensive income (loss) into earnings when realized upon sale, and are determined based on specific identification of securities sold. Gains and losses from the translation of assets and liabilities denominated in non-U.S. dollar functional currencies are included in accumulated other comprehensive income (loss).
The following table summarizes the changes in the accumulated balances during the period, and includes information regarding the manner in which the reclassifications out of accumulated other comprehensive income (loss) into earnings affect our consolidated statements of comprehensive income (loss) (in thousands):
Year Ended December 31, 2023Year Ended December 31, 2022
 Marketable
Investments		 Currency Translation
Adjustments		 Total Marketable
Investments		 Currency Translation
Adjustments		 Total
Balance, beginning of the year$(3,500)$(4,624)$(8,124)$(595)$(2,035)$(2,630)
Other comprehensive loss before reclassifications:
Unrealized gains (losses) — marketable investments2,942 — 2,942 (2,905)— (2,905)
Foreign currency translation gains (losses)— 2,030 2,030 — (2,590)(2,590)
Income tax effect — expense— 1 1 — 1 1 
Net of tax2,942 2,031 4,973 (2,905)(2,589)(5,494)
Amounts reclassified from accumulated other comprehensive loss to consolidated net income:
Realized (loss) gain — marketable investments— — — — — — 
Income tax effect — (expense) benefit— — — — — — 
Net of tax— — — — — — 
Net current-year other comprehensive income (loss)2,942 2,031 4,973 (2,905)(2,589)(5,494)
Balance, end of the year$(558)$(2,593)$(3,151)$(3,500)$(4,624)$(8,124)