Cash Equivalents And Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2024

Cash Equivalents And Marketable Securities [Abstract]

Summarizes the Unrealized Gains and Losses in Fair Value of the Company's Investments in Debt Securities

The following table presents the Company’s financial assets measured at fair value on a recurring basis by level within the fair value hierarchy (in thousands):

	March 31, 2024
	Fair Value Hierarchy Level	Amortized Cost		Unrealized Gains		Unrealized Losses			Estimated Fair Value		Cash and Cash Equivalents		Marketable Securities
Money market funds	Level 1	$	48,782	$	-	$	-		$	48,782	$	48,782	$	-
U.S. Government bonds	Level 2		230,349		10		(129	)		230,230		16,935		213,295
U.S. Government agency securities	Level 2		15,988		2		(9	)		15,981		-		15,981
Corporate debt securities	Level 2		105,330		84		(131	)		105,283		-		105,283
Total cash equivalents and marketable securities			400,449		96		(269	)		400,276		65,717		334,559
Cash												3,388
Total		$	400,449	$	96	$	(269	)	$	400,276	$	69,105	$	334,559
	December 31, 2023
	Fair Value Hierarchy Level	Amortized Cost		Unrealized Gains		Unrealized Losses			Estimated Fair Value		Cash and Cash Equivalents		Marketable Securities
Money market funds	Level 1	$	44,650	$	-	$	-		$	44,650	$	44,650	$	-
U.S. Government bonds	Level 2		63,619		70		(6	)		63,683		-		63,683
U.S. Government agency securities	Level 2		19,665		7		(14	)		19,658		-		19,658
Corporate debt securities	Level 2		31,500		194		-			31,694		-		31,694
Total cash equivalents and marketable securities			159,434		271		(20	)		159,685		44,650		115,035
Cash												1,031
Total		$	159,434	$	271	$	(20	)	$	159,685	$	45,681	$	115,035

Schedule of Estimated Fair Value of Investments in Available-for-sale Marketable Debt Securities

The following table classifies the estimated fair value of investments in available-for-sale marketable debt securities by effective contractual maturity dates (in thousands):

	March 31, 2024
Due within one year	$	226,517
Due after one year to two years		108,042
Total marketable securities	$	334,559