XML 19 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
Marketable Securities
12 Months Ended
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities

Note 3 Marketable Securities

 

Below is a detail of marketable securities (in thousands):

 

 

 

December 31, 2023

 

 

December 31, 2022

 

Marketable securities

 

$

952

 

 

$

285

 

Total

 

$

952

 

 

$

285

 

 

At December 31, 2023 and 2022, the Company’s marketable securities consisted of investments in a publicly traded money market mutual fund. The underlying money market instruments were primarily comprised of certificates of deposit and financial company asset backed commercial paper. At December 31, 2023 and 2022, the investment portfolio had a weighted-average maturity of 40 days and 48 days, respectively. The gain recognized in connection with the investment in marketable securities for the year ended December 31, 2023, was approximately $0.4 million and recorded as a component of interest income in the consolidated statements of operations. The gain recognized in connection with the investment in marketable securities for the year ended December 31, 2022, was $0.4 million and was recorded as a component of interest income in the consolidated statements of operations.