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Investments
12 Months Ended
Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
As of December 31, 2024, all of the Company's investments have matured.
The amortized cost, unrealized gains and losses and fair value of investments available-for-sale as of December 31, 2023 are as follows:
(in thousands)Amortized
Cost
Unrealized
Gain
Unrealized
Loss
Fair Value
Short-term investments:
Corporate debt securities and commercial paper$12,999 $— $(3)$12,996 
U.S. treasury securities and government agency obligations16,655 (1)16,657 
Total investments$29,654 $$(4)$29,653 
The weighted average remaining maturity of short-term investments was 0.2 years at December 31, 2023.
No credit losses on available-for-sale securities were recognized during the year ended December 31, 2023. In its evaluation to determine expected credit losses, management considered all available historical and current information, expectations of future economic conditions, the type of security, the credit rating of the security, and the size of the loss position, as well as other relevant information. As of December 31, 2024, all of the Company's investments have matured.
As of December 31, 2023, the Company held no investments that have been in a continuous unrealized loss position for 12 months or longer.