Available-for-Sale-Securities (Tables)

9 Months Ended

Sep. 30, 2023

Debt Securities, Available-for-Sale [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The following table is a summary of available-for-sale securities recorded in cash and cash equivalents or marketable securities in our Consolidated Balance Sheets (in thousands):

	September 30, 2023								December 31, 2022
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Corporate debt securities	$	28,828	$	—	$	(16)	$	28,812	$	44,308	$	—	$	(17)	$	44,291
Commercial paper	1,978		—		—		1,978		7,953		—		—		7,953
Money market funds	13,572		—		—		13,572		4,871		—		—		4,871
Agency bonds	1,987		—		(1)		1,986		—		—		—		—
Treasury bills	3,996		—		—		3,996		—		—		—		—
Municipal debt securities	725		—		—		725		7,626		—		(1)		7,625
Total	$	51,086	$	—	$	(17)	$	51,069	$	64,758	$	—	$	(18)	$	64,740

Schedule of Marketable Securities

Estimated fair values of available-for-sale securities are generally based on prices obtained from commercial pricing services. The following table summarizes the classification of the available-for-sale securities in our Consolidated Balance Sheets (in thousands):

	September 30, 2023		December 31, 2022
Cash equivalents	$	29,103	$	27,668
Marketable securities	21,966		37,072
Total	$	51,069	$	64,740

Investments Classified by Contractual Maturity Date

The following table summarizes our portfolio of available-for-sale securities by contractual maturity (in thousands):

	September 30, 2023
	Amortized Cost		Estimated Fair Value
Less than one year	$	51,086	$	51,069
Greater than one year	—		—
Total	$	51,086	$	51,069