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Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2023

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents, and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same amounts shown in the condensed consolidated statements of cash flows (in thousands):


		March 31, 2023				December 31, 2022				March 31, 2022				December 31, 2021
Cash and cash equivalents		$	174,350			$	202,004			$	179,421			$	436,189
Restricted cash			210				207				214				219
Total cash and cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows		$	174,560			$	202,211			$	179,635			$	436,408

Summary of Cash, Cash Equivalents and Marketable Securities

Cash and cash equivalents, and marketable securities consist of the following (in thousands):


	Amortized Cost				Unrealized Gains				Unrealized Losses				Estimated Fair Value
March 31, 2023
Cash and cash equivalents:
Cash	$	18,598			$	-			$	-			$	18,598
Money market funds		155,752				-				-				155,752
Total cash and cash equivalents		174,350				-				-				174,350
Marketable securities available-for-sale:
U.S. treasuries		22,707				11				(21	)			22,697
U.S. government agency securities		127,248				33				(356	)			126,925
Corporate debt securities		328,391				27				(434	)			327,984
Total marketable securities available-for-sale		478,346				71				(811	)			477,606
Total cash and cash equivalents, and marketable securities	$	652,696			$	71			$	(811	)		$	651,956
December 31, 2022
Cash and cash equivalents:
Cash	$	29,586			$	-			$	-			$	29,586
Money market funds		172,418				-				-				172,418
Total cash and cash equivalents		202,004				-				-				202,004
Marketable securities available-for-sale:
U.S. treasuries		42,502				-				(194	)			42,308
U.S. government agency securities		88,429				-				(397	)			88,032
Corporate debt securities		292,865				12				(826	)			292,051
Total marketable securities available-for-sale		423,796				12				(1,417	)			422,391
Total cash and cash equivalents, and marketable securities	$	625,800			$	12			$	(1,417	)		$	624,395

Maturities of Marketable Securities Available-for-Sale

The maturities of our marketable securities available-for-sale are as follows (in thousands):


		March 31, 2023
		Amortized Cost				Estimated Fair Value
Mature in one year or less		$	439,791			$	439,006
Mature after one year through two years			38,555				38,600
		$	478,346			$	477,606