Marketable Securities

12 Months Ended

Dec. 31, 2023

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

Marketable Securities

The Company did not hold any marketable securities as of December 31, 2023. The following is a summary of the Company's investment portfolio as of December 31, 2022 (in thousands):

	As of December 31, 2022
			Gross Unrealized					Estimated
	Cost		Gains		Losses			Fair Value
Available-for-sale securities:
Corporate debt securities	$	35,042	$	—		$	(163)	$	34,879
Debt securities issued by U.S. government agencies	4,005		—			(10)		3,995
Total securities with a maturity of one year or less	$	39,047	$	—		$	(173)	$	38,874
Total available-for-sale securities	$	39,047	$	—		$	(173)	$	38,874

Securities are evaluated for impairment at the end of each reporting period. The Company did not record any impairment related to its available-for-sale securities during the years ended December 31, 2023 and 2022.