Cash, Cash Equivalents and Investments (Tables)

3 Months Ended

Mar. 31, 2024

Cash and Cash Equivalents [Abstract]

Schedule of Securities Classified as Cash, Cash Equivalents and Investments

Securities classified as cash, cash equivalents and short-term investments as of March 31, 2024 and December 31, 2023 are summarized below (in thousands):


	March 31, 2024
			Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value
Cash and cash equivalents:
Cash	$	3,844	$	—	$	—	$	3,844
Money market funds	32,303		—		—		32,303


Total cash and cash equivalents	36,147		—		—		36,147
Short-term investments:
U.S. government-sponsored agency bonds	$	101,706	$	34	$	(23)	$	101,717
Commercial paper	53,549		11		(39)		53,521

Asset-backed securities	8,707		—		(3)		8,704
U.S. treasury securities	2,489		—		—		2,489
Total short-term investments	166,451		45		(65)		166,431
Total cash, cash equivalents and investments	$	202,598	$	45	$	(65)	$	202,578


	December 31, 2023
			Gross Unrealized
	Amortized Cost		Gains		Losses		Fair Value
Cash and cash equivalents:
Cash	$	2,829	$	—	$	—	$	2,829
Money market funds	18,641		—		—		18,641


Total cash and cash equivalents	21,470		—		—		21,470
Short-term investments:
U.S. government-sponsored agency bonds	$	101,892	$	235	$	(34)	$	102,093
Commercial paper	49,630		41		(17)		49,654

Asset-backed securities	8,628		2		(5)		8,625
U.S. treasury securities	2,455		2		—		2,457
Total short-term investments	162,605		280		(56)		162,829


Total cash, cash equivalents and investments	$	184,075	$	280	$	(56)	$	184,299