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Cash Equivalents and Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Available-for-Sale
The following is a summary of the Company's investment portfolio as of September 30, 2024 (in thousands). The Company did not hold any cash equivalents or marketable securities as of December 31, 2023.
As of September 30, 2024
Gross UnrealizedEstimated
CostGainsLossesFair Value
Cash equivalents:
Money market funds$81,359 $— $— $81,359 
Available-for-sale marketable securities:
Debt securities issued by U.S. government agencies143,283 900 — 144,183 
Corporate debt securities74,715 370 — 75,085 
Commercial paper18,543 45 — 18,588 
Other debt securities4,656 16 — 4,672 
Total cash equivalents and marketable securities$322,556 $1,331 $— $323,887 
Contractual maturities of the marketable securities at each balance sheet date are as follows (in thousands):
September 30, 2024December 31, 2023
Within one year$188,387 $— 
After one year through five years54,141 — 
Total$242,528 $—