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

12 Months Ended

Dec. 31, 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 consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):


	December 31,
	2024		2023		2022
Cash and cash equivalents	$	95,883	$	150,279	$	202,004
Restricted cash (1)	271		277		207
Total cash and cash equivalents, and restricted cash shown in the consolidated statements of cash flows	$	96,154	$	150,556	$	202,211

(1)Restricted cash is included in "Other assets" in the 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
December 31, 2024
Cash and cash equivalents:
Cash	$	12,157	$	-	$	-	$	12,157
Money market funds	83,726		-		-		83,726

Total cash and cash equivalents	95,883		-		-		95,883
Marketable securities available-for-sale:
U.S. treasuries	199,741		460		(322)		199,879
U.S. government agency securities	158,605		486		(220)		158,871
Corporate debt securities	259,004		418		(221)		259,201
Total marketable securities available-for-sale	617,350		1,364		(763)		617,951
Total cash and cash equivalents, and marketable securities	$	713,233	$	1,364	$	(763)	$	713,834
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

Maturities of Marketable Securities Available-for-Sale

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


	December 31, 2024
	Amortized Cost		Estimated Fair Value
Mature in one year or less	$	401,939	$	402,738
Mature after one year through two years	215,411		215,213
	$	617,350	$	617,951