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Available-for-Sale-Securities (Tables)
6 Months Ended
Jun. 30, 2024
Debt Securities, Available-for-Sale [Abstract]  
Schedule of Available-for-sale Securities Reconciliation
The following table is a summary of available-for-sale securities recorded in cash and cash equivalents or marketable securities in our Consolidated Balance Sheets (in thousands):
June 30, 2024December 31, 2023
CostGross Unrealized GainsGross Unrealized LossesEstimated Fair ValueCostGross Unrealized GainsGross Unrealized LossesEstimated Fair Value
Corporate debt securities$20,881 $$(15)$20,867 $37,791 $$(8)$37,786 
Commercial paper— — — — 1,981 — — 1,981 
Money market funds11,707 — — 11,707 4,268 — — 4,268 
Municipal debt securities1,255 — — 1,255 622 — — 622 
Total$33,843 $$(15)$33,829 $44,662 $$(8)$44,657 
Schedule of Marketable Securities
Estimated fair values of available-for-sale securities are generally based on prices obtained from commercial pricing services. The following table summarizes the classification of the available-for-sale securities in the Company's Consolidated Balance Sheets (in thousands):
June 30, 2024December 31, 2023
Cash equivalents$23,860 $16,715 
Marketable securities9,969 27,942 
Total$33,829 $44,657 
Schedule of Investments Classified by Contractual Maturity Date
The following table summarizes our portfolio of available-for-sale securities by contractual maturity (in thousands):
June 30, 2024
Amortized CostEstimated Fair Value
Less than one year$33,843 $33,829 
Greater than one year— — 
Total$33,843 $33,829