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CASH EQUIVALENTS AND MARKETABLE SECURITIES
9 Months Ended
Sep. 30, 2023
Cash Equivalents And Investments [Abstract]  
CASH EQUIVALENTS AND MARKETABLE SECURITIES CASH EQUIVALENTS AND MARKETABLE SECURITIES
The fair value of cash equivalents and marketable securities as of September 30, 2023 and December 31, 2022, were as follows (in thousands):
September 30, 2023
Amortized
Cost
Gross UnrealizedFair Value
GainsLosses
Money market funds$17,440 $— $— $17,440 
U.S. government securities111,038 (46)110,995 
Total cash equivalents and marketable securities$128,478 $$(46)$128,435 
Classified as:
Cash equivalents$17,440 
Marketable securities110,995 
Total cash equivalents and marketable securities$128,435 
December 31, 2022
Amortized
Cost
Gross UnrealizedFair Value
GainsLosses
Money market funds$24,263 $— $— $24,263 
U.S. government securities134,709 12 (409)134,312 
Total cash equivalents and marketable securities$158,972 $12 $(409)$158,575 
Classified as:
Cash equivalents$24,263 
Marketable securities134,312 
Total cash equivalents and marketable securities$158,575