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Short-Term Investments
 12 Months Ended
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Short-Term Investments Short-Term Investments
The following table summarizes the estimated value of the Company’s short-term investments as of December 31, 2023:
December 31, 2023
(in thousands)
Amortized Cost
Unrealized Gain
Unrealized Loss
Fair Value
Commercial paper
$18,101 $14 $(3)$18,112 
Corporate notes
7,621 20 — 7,641 
U.S. Treasury securities
11,975 2 (6)11,971 
U.S. Government agency securities
64,134 89 (21)64,202 
Total short-term investments
$101,831 $125 $(30)$101,926 
As of December 31, 2022, the Company had no short-term investments. The Company does not intend to sell the investments and it is not more likely than not that the company will be required to sell these before recovery. As of December 31, 2023, the fair value of short-term investments by remaining contractual maturity consisted of the following:
(in thousands)
Fair Value
Remaining maturity date one year or less
$89,203 
Remaining maturity date greater than one year
12,723 
Total short-term investments
$101,926