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

9 Months Ended

Sep. 30, 2024

Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [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):


	September 30, 2024		December 31, 2023		September 30, 2023		December 31, 2022
Cash and cash equivalents	$	119,332	$	150,279	$	154,511	$	202,004
Restricted cash (1)	280		277		266		207
Total cash and cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	$	119,612	$	150,556	$	154,777	$	202,211

(1)Restricted cash is included in "Other assets" in the Condensed Consolidated Balance Sheets.

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
September 30, 2024
Cash and cash equivalents:
Cash	$	19,172	$	-	$	-	$	19,172
Money market funds	100,160		-		-		100,160
Corporate debt securities	-		-		-		-
Total cash and cash equivalents	119,332		-		-		119,332
Marketable securities available-for-sale:
U.S. treasuries	169,214		1,118		(7)		170,325
U.S. government agency securities	166,881		1,018		(40)		167,859
Corporate debt securities	305,446		1,065		(35)		306,476
Total marketable securities available-for-sale	641,541		3,201		(82)		644,660
Total cash and cash equivalents, and marketable securities	$	760,873	$	3,201	$	(82)	$	763,992
December 31, 2023
Cash and cash equivalents:
Cash	$	11,190	$	-	$	-	$	11,190
Money market funds	131,635		-		-		131,635
Corporate debt securities	7,453		1		-		7,454
Total cash and cash equivalents	150,278		1		-		150,279
Marketable securities available-for-sale:
U.S. treasuries	74,109		172		(44)		74,237
U.S. government agency securities	216,265		692		(269)		216,688
Corporate debt securities	300,803		315		(20)		301,098
Total marketable securities available-for-sale	591,177		1,179		(333)		592,023
Total cash and cash equivalents, and marketable securities	$	741,455	$	1,180	$	(333)	$	742,302

Investments Classified by Contractual Maturity Date

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


	September 30, 2024
	Amortized Cost		Estimated Fair Value
Mature in one year or less	$	377,534	$	378,836
Mature after one year through two years	264,007		265,824
	$	641,541	$	644,660