| Schedule of Available-for-sale Securities |
The following table is a summary of our cash equivalents and short-term investments: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2024 | | December 31, 2023 | | in thousands | Adjusted Cost | | Unrealized Gain | | Unrealized Loss | | Fair Value | | Adjusted Cost | | Unrealized Gain | | Unrealized Loss | | Fair Value | | U.S. treasury securities | $ | 147,818 | | | $ | — | | | $ | (4) | | | $ | 147,814 | | | $ | 133,168 | | | $ | 30 | | | $ | — | | | $ | 133,198 | | | Commercial paper | 56,508 | | | — | | | (22) | | | 56,486 | | | 49,433 | | | — | | | (15) | | | 49,418 | | | Money market funds | 41,809 | | | — | | | — | | | 41,809 | | | 39,280 | | | — | | | — | | | 39,280 | | | U.S. government agency obligations | 8,430 | | | 1 | | | — | | | 8,431 | | | 3,961 | | | — | | | (1) | | | 3,960 | | | Total cash equivalents and available-for-sale securities | $ | 254,565 | | | $ | 1 | | | $ | (26) | | | $ | 254,540 | | | $ | 225,842 | | | $ | 30 | | | $ | (16) | | | $ | 225,856 | | | | | | | | | | | | | | | | | | | Classified as: | | | | | | | | | | | | | | | | | Cash equivalents | | $ | 110,077 | | | | | | | | | $ | 109,270 | | | Short-term investments | | 144,463 | | | | | | | | | 116,586 | | | Total cash equivalents and available-for-sale securities | | $ | 254,540 | | | | | | | | | $ | 225,856 | |
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