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Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2023
Investments Disclosure [Abstract]  
Summary of Short Term Investments

The following table summarizes the Company’s short-term investments as of September 30, 2023 and December 31, 2022:

 

As of September 30, 2023

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Commercial paper

 

$

3,965

 

 

$

 

 

$

(2

)

 

$

3,963

 

US Treasury securities

 

 

55,268

 

 

 

6

 

 

 

(7

)

 

 

55,267

 

Corporate debt securities

 

 

14,990

 

 

 

 

 

 

(33

)

 

 

14,957

 

Total

 

$

74,223

 

 

$

6

 

 

$

(42

)

 

$

74,187

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2022

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Commercial paper

 

$

57,138

 

 

$

 

 

$

 

 

$

57,138

 

US Treasury securities

 

 

65,160

 

 

 

 

 

 

(335

)

 

 

64,825

 

Corporate debt securities

 

 

19,146

 

 

 

 

 

 

(69

)

 

 

19,077

 

Total

 

$

141,444

 

 

$

 

 

$

(404

)

 

$

141,040