XML 16 R10.htm IDEA: XBRL DOCUMENT
v3.24.3

Cash and Investments in Marketable Securities | 9 Months Ended
--- | ---
Sep. 30, 2024
Fair Value Disclosures [Abstract] |
Cash and Investments in Marketable Securities | Note 2 — Cash and Investments in Marketable Securities Cash and investments in marketable securities, including cash equivalents, are as follows (in thousands):
|  | Estimated Fair Value at |
|  | September 30, 2024 |  |  | December 31, 2023 |
Cash and cash equivalents |  | $ | 30,109 |  |  | $ | 35,277 |
Short-term investments |  |  | 214,386 |  |  |  | 268,339 |
Long-term investments |  |  | 4,537 |  |  |  | 25,825 |
Total cash, cash equivalents, and investments in marketable securities |  | $ | 249,032 |  |  | $ | 329,441 |
Our portfolio of cash and investments in marketable securities includes (in thousands):
|  |  |  | September 30, 2024 |  |  | December 31, 2023 |
|  | Fair Value Hierarchy Level |  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |  |  | Fair Value |
Corporate notes and bonds |  | 2 |  | $ | 90,589 |  |  | $ | 214 |  |  | $ | (10 | ) |  | $ | 90,793 |  |  | $ | 38,882 |
Corporate commercial paper |  | 2 |  |  | 125,927 |  |  |  | 163 |  |  |  | (7 | ) |  |  | 126,083 |  |  |  | 255,241 |
Obligations of U.S. government agencies |  | 2 |  |  | 1,500 |  |  |  | 2 |  |  |  | — |  |  |  | 1,502 |  |  |  | — |
Available-for-sale investments |  |  |  | $ | 218,016 |  |  | $ | 379 |  |  | $ | (17 | ) |  | $ | 218,378 |  |  | $ | 294,123 |
Money market funds |  | 1 |  |  |  |  |  |  |  |  |  |  |  | 10,361 |  |  |  | 2,359 |
Certificates of deposit |  | 2 |  |  |  |  |  |  |  |  |  |  |  | 14,046 |  |  |  | 15,116 |
Cash |  | N/A |  |  |  |  |  |  |  |  |  |  |  | 6,247 |  |  |  | 17,843 |
Total cash and investments in marketable securities |  |  |  |  |  |  |  |  | $ | 249,032 |  |  | $ | 329,441 |
For the three and nine months ended September 30, 2024 and 2023, there were no transfers between Level 1 and Level 2 of the fair value hierarchy. At December 31, 2023, our gross unrealized gains and losses were insignificant.

X
- Definition The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/320/tableOfContent + Details
Name: | us-gaap_CashCashEquivalentsAndMarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration