Short-Term Investments (Tables)

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Debt securities, available-for-sale

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

Investments classified by contractual maturity date

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