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Investments (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule Of Estimated Fair Value Of Available-For-Sale Debt Securities Included Within Short-Term And Long-Term Investments

The following table summarizes the estimated fair value of available-for-sale debt securities included within short-term and long-term investments as of June 30, 2024 (in thousands):

 

June 30, 2024

 

 

 

Gross Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Allowance for Credit Losses

 

 

Accrued Interest
Receivable

 

 

Aggregate Fair Value

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

16,791

 

 

$

 

 

$

(8

)

 

$

 

 

$

134

 

 

$

16,917

 

U.S. Government obligations

 

 

14,729

 

 

 

 

 

 

(7

)

 

 

 

 

 

55

 

 

 

14,777

 

Total short-term investments

 

$

31,520

 

 

$

 

 

$

(15

)

 

$

 

 

$

189

 

 

$

31,694

 

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

19,351

 

 

$

3

 

 

$

(8

)

 

$

 

 

$

203

 

 

$

19,549

 

U.S. Government obligations

 

 

3,625

 

 

 

1

 

 

 

 

 

 

 

 

28

 

 

 

3,654

 

Asset-backed Securities

 

 

3,549

 

 

 

1

 

 

 

(35

)

 

 

 

 

3

 

 

 

3,518

 

Total long-term investments

 

$

26,525

 

 

$

5

 

 

$

(43

)

 

$

 

 

$

234

 

 

$

26,721

 

Schedule Of Available-For-Sale Debt Securities By Remaining Contractual Maturity Date

The following table summarizes fair value of the Company's available-for-sale debt securities by remaining contractual maturity as of June 30, 2024 (in thousands):

Due within one year

 

$

31,694

 

Due after one year through five years

 

 

26,721

 

Total investments

 

$

58,415

 

Schedule Of Gross Unrealized Losses And Fair Values For Available-For-Sale Debt Securities The following table shows fair values and gross unrealized losses for available-for-sale debt securities that were in an unrealized loss position, for which an allowance for credit losses has not been recorded, as of June 30, 2024 (in thousands):

 

June 30, 2024

 

 

 

Less than 12 Months

 

 

12 Months or Longer

 

 

Total

 

 

 

Fair Value

 

 

Gross Unrealized Losses

 

 

Fair Value

 

 

Gross Unrealized Losses

 

 

Fair Value

 

 

Gross Unrealized Losses

 

Short-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

15,897

 

 

$

(8

)

 

$

 

 

$

 

 

$

15,897

 

 

$

(8

)

U.S. Government obligations

 

 

14,777

 

 

 

(7

)

 

 

 

 

 

 

 

 

14,777

 

 

 

(7

)

Total short-term investments

 

$

30,674

 

 

$

(15

)

 

$

 

 

$

 

 

$

30,674

 

 

$

(15

)

Long-term investments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate bonds

 

$

14,677

 

 

$

(8

)

 

$

 

 

$

 

 

$

14,677

 

 

$

(8

)

U.S. Government obligations

 

 

292

 

 

 

 

 

 

 

 

 

 

 

 

292

 

 

 

 

Asset-backed Securities

 

 

2,327

 

 

 

(35

)

 

 

 

 

 

 

 

 

2,327

 

 

 

(35

)

Total long-term investments

 

$

17,296

 

 

$

(43

)

 

$

 

 

$

 

 

$

17,296

 

 

$

(43

)