Cash Equivalents and Marketable Securities (Tables)

9 Months Ended

Sep. 30, 2023

Cash and Cash Equivalents [Abstract]

Schedule of Cash Equivalents and Marketable Securities

Cash equivalents and marketable securities consisted of the following:

	September 30, 2023
	Amortized Cost Basis			Unrealized Gains			Unrealized Losses			Fair Value
	(in thousands)
Money market funds	$	54,078		$	-		$	-		$	54,078
Commercial paper		78,348			-			-			78,348
Corporate debt securities		54,501			4			(11	)		54,494
Asset-based securities		27,743			8			(1	)		27,750
U.S. government securities		104,309			7			-			104,316
U.S. agency securities		-			-			-			-
Total		318,979			19			(12	)		318,986
Less amounts classified as cash equivalents		(79,711	)		(2	)		1			(79,712	)
Total marketable securities	$	239,268		$	17		$	(11	)	$	239,274

	December 31, 2022
	Amortized Cost Basis			Unrealized Gains			Unrealized Losses			Fair Value
	(in thousands)
Money market funds	$	36,486		$	-		$	-		$	36,486
Commercial paper		87,140			-			-			87,140
Corporate debt securities		36,554			2			(127	)		36,429
Asset-based securities		14,026			-			(10	)		14,016
U.S. government securities		91,619			8			(376	)		91,251
U.S. agency securities		16,646			-			(39	)		16,607
Supranational debt securities		16,555			-			(74	)		16,481
Total		299,026			10			(626	)		298,410
Less amounts classified as cash equivalents		(43,318	)		(2	)		-			(43,320	)
Total marketable securities	$	255,708		$	8		$	(626	)	$	255,090