Available-for-Sale-Securities (Tables)

3 Months Ended

Mar. 31, 2025

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 the Company's Consolidated Balance Sheets (in thousands):


	March 31, 2025								December 31, 2024
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value

Corporate debt securities	$	10,301	$	—	$	(6)	$	10,295	$	16,025	$	—	$	(4)	$	16,021

Money market funds	12,129		—		—		12,129		6,614		—		—		6,614
Agency bonds	—		—		—		—		613		—		—		613
Treasury bills	—		—		—		—		1,496		—		—		1,496
Municipal debt securities	560		—		—		560		905		—		—		905
Total	$	22,990	$	—	$	(6)	$	22,984	$	25,653	$	—	$	(4)	$	25,649

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):


	March 31, 2025		December 31, 2024
Cash equivalents	$	17,368	$	10,613
Marketable securities	5,616		15,036
Total	$	22,984	$	25,649

Schedule of Investments Classified by Contractual Maturity Date

The following table summarizes the Company's portfolio of available-for-sale securities by contractual maturity (in thousands):


	March 31, 2025
	Amortized Cost		Estimated Fair Value
Less than one year	$	22,990	$	22,984
Greater than one year	—		—
Total	$	22,990	$	22,984