XML 36 R26.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Money Market Funds, U.S. Government Agency Securities and Corporate Debt Securities by Significant Investment Category
The following tables show the Company’s Money Market Funds, U.S. Treasury securities, U.S. government agency securities and corporate debt securities by significant investment category as of June 30, 2024 and December 31, 2023 (in thousands):
As of June 30, 2024As of December 31, 2023
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Market
Value
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Market
Value
Money Market FundsLevel 1$51,207 $— $— $51,207 $57,241 $— $— $57,241 
U.S. Treasury securitiesLevel 220,687 — (25)20,662 27,250 46 (8)27,288 
U.S. Government agency securities
Level 2114,517 11 (250)114,278 133,655 563 (132)134,086 
Corporate debt securitiesLevel 2235,610 14 (367)235,257 269,761 213 (337)269,637 
Total financial assets$422,021 $25 $(642)$421,404 $487,907 $822 $(477)$488,252 

As of June 30, 2024As of December 31, 2023
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Market
Value
Adjusted
Cost
Unrealized
Gains
Unrealized
Losses
Market
Value
Classified as:
Cash equivalents$65,183 $— $— $65,183 $57,241 $— $— $57,241 
Short-term investments356,838 25 (642)356,221 430,666 822 (477)431,011 
Total$422,021 $25 $(642)$421,404 $487,907 $822 $(477)$488,252