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CASH EQUIVALENTS AND MARKETABLE SECURITIES
3 Months Ended
Mar. 31, 2024
Cash Equivalents And Investments [Abstract]  
CASH EQUIVALENTS AND MARKETABLE SECURITIES CASH EQUIVALENTS AND MARKETABLE SECURITIES
The fair value of cash equivalents and marketable securities as of March 31, 2024 and December 31, 2023, were as follows (in thousands):
March 31, 2024
Amortized
Cost
Gross UnrealizedFair Value
GainsLosses
Money market funds$28,789 $— $— $28,789 
U.S. government securities48,668 (3)48,671 
Total cash equivalents and marketable securities$77,457 $$(3)$77,460 
Classified as:
Cash equivalents$28,789 
Marketable securities48,671 
Total cash equivalents and marketable securities$77,460 
December 31, 2023
Amortized
Cost
Gross UnrealizedFair Value
GainsLosses
Money market funds$12,594 $— $— $12,594 
U.S. government securities97,534 59 (2)97,591 
Total cash equivalents and marketable securities$110,128 $59 $(2)$110,185 
Classified as:
Cash equivalents$12,594 
Marketable securities97,591 
Total cash equivalents and marketable securities$110,185