| Schedule of Cash Equivalents and Marketable Securities |
Cash equivalents and marketable securities consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2024 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gains |
|
|
Unrealized
Losses |
|
|
Fair
Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
42,498 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
42,498 |
|
Commercial paper |
|
|
21,391 |
|
|
|
- |
|
|
|
(12 |
) |
|
|
21,379 |
|
Corporate debt securities |
|
|
44,044 |
|
|
|
3 |
|
|
|
(11 |
) |
|
|
44,036 |
|
Asset-based securities |
|
|
44,641 |
|
|
|
- |
|
|
|
(43 |
) |
|
|
44,598 |
|
U.S. government securities |
|
|
113,180 |
|
|
|
- |
|
|
|
(50 |
) |
|
|
113,130 |
|
Total |
|
|
265,754 |
|
|
|
3 |
|
|
|
(116 |
) |
|
|
265,641 |
|
Less amounts classified as cash equivalents |
|
|
(63,257 |
) |
|
|
- |
|
|
|
- |
|
|
|
(63,257 |
) |
Total marketable securities |
|
$ |
202,497 |
|
|
$ |
3 |
|
|
$ |
(116 |
) |
|
$ |
202,384 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2023 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gains |
|
|
Unrealized
Losses |
|
|
Fair
Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
56,397 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
56,397 |
|
Commercial paper |
|
|
82,179 |
|
|
|
1 |
|
|
|
(28 |
) |
|
|
82,152 |
|
Corporate debt securities |
|
|
61,887 |
|
|
|
12 |
|
|
|
(5 |
) |
|
|
61,894 |
|
Asset-based securities |
|
|
10,505 |
|
|
|
- |
|
|
|
– |
|
|
|
10,505 |
|
U.S. government securities |
|
|
113,612 |
|
|
|
40 |
|
|
|
– |
|
|
|
113,652 |
|
U.S. agency securities |
|
|
4,960 |
|
|
|
1 |
|
|
|
– |
|
|
|
4,961 |
|
Total |
|
|
329,540 |
|
|
|
54 |
|
|
|
(33 |
) |
|
|
329,561 |
|
Less amounts classified as cash equivalents |
|
|
(65,144 |
) |
|
|
(4 |
) |
|
|
- |
|
|
|
(65,148 |
) |
Total marketable securities |
|
$ |
264,396 |
|
|
$ |
50 |
|
|
$ |
(33 |
) |
|
$ |
264,413 |
|
|