XML 54 R21.htm IDEA: XBRL DOCUMENT
v3.23.3

CASH EQUIVALENTS AND MARKETABLE SECURITIES - (Tables) | 9 Months Ended
--- | ---
Sep. 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
September 30, 2023 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 3,417 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,417 |
Total | 3,417 |  |  | — |  |  | — |  |  | 3,417 |
Marketable securities: |  |  |  |  |  |  |
U.S. government-sponsored entity debt securities | 28,655 |  |  | — |  |  | (18) |  |  | 28,637 |
Commercial paper securities | 18,901 |  |  | — |  |  | (10) |  |  | 18,891 |
Corporate debt securities | 1,379 |  |  | — |  |  | — |  |  | 1,379 |
Asset-backed securities | 8,429 |  |  | — |  |  | — |  |  | 8,429 |
U.S. treasury bills | 5,599 |  |  | — |  |  | (18) |  |  | 5,581 |
Certificates of deposit | 12,684 |  |  | 1 |  |  | (5) |  |  | 12,680 |
Total | 75,647 |  |  | 1 |  |  | (51) |  |  | 75,597 |
Total cash equivalents and marketable securities | $ | 79,064 |  |  | $ | 1 |  |  | $ | (51) |  |  | $ | 79,014 |
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):
| September 30, 2023 |  | December 31, 2022
Maturing in one year or less | $ | 41,173 |  |  | $ | 177,188 |
Maturing after one year through five years | 34,424 |  |  | 29,845 |
Total | $ | 75,597 |  |  | $ | 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