Available-for-Sale-Securities (Tables)

9 Months Ended

Sep. 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):


	September 30, 2024								December 31, 2023
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value

Corporate debt securities	$	14,623	$	1	$	(2)	$	14,622	$	37,791	$	3	$	(8)	$	37,786
Commercial paper	—		—		—		—		1,981		—		—		1,981
Money market funds	9,486		—		—		9,486		4,268		—		—		4,268
Agency bonds	2,221		1		—		2,222		—		—		—		—
Treasury bills	3,460		—		(2)		3,458		—		—		—		—
Municipal debt securities	513		—		—		513		622		—		—		622
Total	$	30,303	$	2	$	(4)	$	30,301	$	44,662	$	3	$	(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):


	September 30, 2024		December 31, 2023
Cash equivalents	$	13,954	$	16,715
Marketable securities	16,347		27,942
Total	$	30,301	$	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):


	September 30, 2024
	Amortized Cost		Estimated Fair Value
Less than one year	$	30,303	$	30,301
Greater than one year	—		—
Total	$	30,303	$	30,301