XML 30 R21.htm IDEA: XBRL DOCUMENT
v3.23.2

CASH EQUIVALENTS AND MARKETABLE SECURITIES - (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract] |
Marketable Securities | The table below summarizes the Company’s cash equivalents and marketable securities (in thousands):
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
June 30, 2023 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 8,168 |  |  | $ | — |  |  | $ | — |  |  | $ | 8,168 |
Total | 8,168 |  |  | — |  |  | — |  |  | 8,168 |
Marketable securities: |  |  |  |  |  |  |
U.S. government-sponsored entity debt securities | 32,685 |  |  | — |  |  | (389) |  |  | 32,296 |
Commercial paper securities | 41,881 |  |  | — |  |  | (43) |  |  | 41,838 |
Asset-backed securities | 10,557 |  |  | — |  |  | (52) |  |  | 10,505 |
U.S. treasury bills | 5,598 |  |  | — |  |  | (25) |  |  | 5,573 |
Certificates of deposit | 25,131 |  |  | — |  |  | (35) |  |  | 25,096 |
Total | 115,852 |  |  | — |  |  | (544) |  |  | 115,308 |
Total cash equivalents and marketable securities | $ | 124,020 |  |  | $ | — |  |  | $ | (544) |  |  | $ | 123,476 |
December 31, 2022 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 50,820 |  |  | $ | — |  |  | $ | — |  |  | $ | 50,820 |
Total | 50,820 |  |  | — |  |  | — |  |  | 50,820 |
Marketable securities: |  |  |  |  |  |  |
U.S. government-sponsored entity debt securities | 18,710 |  |  | — |  |  | (293) |  |  | 18,417 |
Commercial paper securities | 101,336 |  |  | 22 |  |  | (193) |  |  | 101,165 |
Corporate debt securities | 11,760 |  |  | — |  |  | (90) |  |  | 11,670 |
Asset-backed securities | 24,970 |  |  | 2 |  |  | (180) |  |  | 24,792 |
U.S. treasury bills | 7,950 |  |  | — |  |  | (12) |  |  | 7,938 |
Certificates of deposit | 37,599 |  |  | 4 |  |  | (142) |  |  | 37,461 |
Agency bonds | 5,598 |  |  | — |  |  | (8) |  |  | 5,590 |
Total | 207,923 |  |  | 28 |  |  | (918) |  |  | 207,033 |
Total cash equivalents and marketable securities | $ | 258,743 |  |  | $ | 28 |  |  | $ | (918) |  |  | $ | 257,853 |
Fair value of investments available-for-sale | The fair value of marketable securities by contractual maturity were as follows (in thousands):
| June 30, 2023 |  | December 31, 2022
Maturing in one year or less | $ | 76,271 |  |  | $ | 177,188 |
Maturing after one year through five years | 39,037 |  |  | 29,845 |
Total | $ | 115,308 |  |  | $ | 207,033 |

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration