Schedule of Cash, Cash Equivalents and Short-term Investments |
The fair value of cash and cash equivalents and investments held at September 30, 2024 and December 31, 2023 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | As of September 30, 2024 | | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | | (in thousands) | Cash and cash equivalents | | $ | 34,551 | | | $ | — | | | $ | — | | | $ | 34,551 | | Securities maturing within one year: | | | | | | | | | U.S. treasury securities | | 188,577 | | | 279 | | | — | | | 188,856 | | Corporate debt securities | | 34,892 | | | 77 | | | (7) | | | 34,962 | | Total short-term investments | | $ | 223,469 | | | $ | 356 | | | $ | (7) | | | $ | 223,818 | | Total cash and cash equivalents and investments | | $ | 258,020 | | | $ | 356 | | | $ | (7) | | | $ | 258,369 | | | | | | | | | | | | | As of December 31, 2023 | | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Estimated Fair Value | | | | | (in thousands) | | | Cash and cash equivalents | | $ | 22,465 | | | $ | — | | | $ | — | | | $ | 22,465 | | Securities maturing within one year: | | | | | | | | | U.S. treasury securities | | 141,577 | | | 31 | | | (12) | | | 141,596 | | Corporate debt securities | | 5,954 | | | 11 | | | — | | | 5,965 | | Total short-term investments | | $ | 147,531 | | | $ | 42 | | | $ | (12) | | | $ | 147,561 | | Total cash and cash equivalents and investments | | $ | 169,996 | | | $ | 42 | | | $ | (12) | | | $ | 170,026 | |
|