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Investments (Tables)
6 Months Ended
Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Debt Securities, Trading, and Equity Securities, FV-NI
Losses on equity securities were recorded in ‘Unrealized loss on short-term investments held at the reporting date, net’ in the Condensed Consolidated Statements of Operations consisted of the following (in thousands):
Three months ended June 30,Six months ended June 30,
2023202220232022
Net losses during the period$(3,196)$(75,560)$(23,184)$(66,609)
Less: (losses) gains on securities sold during the period— (48,243)357 (48,243)
Unrealized losses recognized during the period on short-term investments held at the reporting date, net$(3,196)$(27,317)$(23,541)$(18,366)