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Restricted Cash
12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
Restricted Cash

6. Restricted Cash

As of December 31, 2023, the Company maintained current restricted cash of $3.6 million and non-current restricted cash of $3.4 million. As of December 31, 2022, the Company maintained current restricted cash of $0.6 million and non-current restricted cash of $4.5 million. All restricted cash amounts are comprised solely of letters of credit required pursuant to the Company’s facility leases.

The following table provides a reconciliation of cash, cash equivalents and restricted cash as of December 31, 2023 and 2022 that sums to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):

 

 

December 31,

 

 

2023

 

 

2022

 

Cash and cash equivalents

 

$

166,150

 

 

$

36,333

 

Restricted cash

 

 

6,969

 

 

 

5,144

 

Cash, cash equivalents and restricted cash

 

$

173,119

 

 

$

41,477