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Cash, Restricted Cash, Cash Equivalents and Investments (Tables)

12 Months Ended

Dec. 31, 2024

Cash, Restricted Cash, Cash Equivalents and Investments

Schedule of cash, restricted cash, cash equivalents and debt investments

As of December 31, 2024 and 2023, our cash, restricted cash, cash equivalents and debt investments are classified as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2024

​

December 31, 2023

​

​

​

Gross

Gross

​

​

​

​

Gross

Gross

​

​

​

​

Amortized

​

Unrealized

​

Unrealized

​

Fair

​

Amortized

​

Unrealized

​

Unrealized

​

Fair

​

Cost

Gain

(Loss)

Value

Cost

Gain

(Loss)

Value

Classified as:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Cash, restricted cash and cash equivalents

​

$

33,811

​

$

—

​

$

—

​

$

33,811

​

$

50,114

​

$

—

​

$

—

​

$

50,114

​

Investments (available-for-sale):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Certificates of deposit 1

​

—

​

—

​

​

—

​

—

​

2,160

​

—

​

​

(20)

​

2,140

​

Total cash, restricted cash, cash equivalents and investments

​

$

33,811

​

$

—

​

$

—

​

$

33,811

​

$

52,274

​

$

—

​

$

(20)

​

$

52,254

​

Contractual maturities on investments:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Due within 1 year 2

​

$

—

​

​

​

​

​

​

​

$

—

​

$

2,160

​

​

​

​

​

​

​

$

2,140

​

​

​

$

—

​

​

​

​

​

​

​

$

—

​

$

2,160

​

​

​

​

​

​

​

$

2,140

​

1. Certificate of deposit with original maturities of less than three months.

2. Certificate of deposit with original maturities of more than three months.

3. Classified as “Short-term investments” in our consolidated balance sheets.

4. Classified as “Long-term investments” in our consolidated balance sheets.

Fair value and gross unrealized losses related to available-for-sale securities

The following table summarizes the fair value and gross unrealized losses related to available-for-sale debt securities, aggregated by investment category and length of time that individual debt securities have been in a continuous unrealized loss position as of December 31, 2023 (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

In Loss Position

​

In Loss Position

​

Total In

​

​

< 12 months

​

> 12 months

​

Loss Position

​

​

Gross

​

Gross

​

Gross

​

​

Fair

​

Unrealized

​

Fair

​

Unrealized

​

Fair

​

Unrealized

As of December 31, 2023

​

Value

​

(Loss)

​

Value

​

(Loss)

​

Value

​

(Loss)

Investments:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Certificates of deposit

​

$

—

​

$

—

​

$

2,140

​

$

(20)

​

$

2,140

​

$

(20)

​

Total in loss position

​

$

—

​

$

—

​

$

2,140

​

$

(20)

​

$

2,140

​

$

(20)

​

Summary of financial assets and liabilities measured at fair value on a recurring basis

The following table summarizes our financial assets and liabilities measured at fair value on a recurring basis in accordance with ASC 820 as of December 31, 2023 (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Quoted Prices in

​

​

​

Significant

​

​

​

​

​

Active Markets of

​

Significant Other

​

Unobservable

​

​

Balance as of

​

Identical Assets

​

Observable Inputs

​

Inputs

​

December 31, 2023

(Level 1)

(Level 2)

(Level 3)

Assets:

​

​

​

​

​

​

​

​

​

​

​

​

​

Investments:

​

​

​

​

​

​

​

​

​

​

​

​

​

Certificates of deposit

​

$

2,140

​

$

—

​

$

2,140

​

$

—

​

Total

​

$

2,140

​

$

—

​

$

2,140

​

$

—

​

X

- Definition

Tabular disclosure of the components of cash, Restricted Cash cash equivalents, and investments.

+ References

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- References

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- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 55
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479081/326-30-55-8

Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 320
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481800/320-10-50-6

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 326
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479106/326-30-50-4

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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