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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investment Securities
Investment securities consisted of the following (in thousands):
June 30, 2024
Amortized
Cost
Unrealized
Gains
Unrealized
(Losses)
Estimated
Fair
Value
U.S. Government Agency Securities$91,148 $5 $(142)$91,011 
FDIC Certificates of Deposit1,470 — (1)1,469 
Certificates of Deposit60,000 — — 60,000 
Commercial Paper33,669 — (19)33,650 
Corporate Notes/Bonds163,982 6 (517)163,471 
$350,269 $11 $(679)$349,601 
December 31, 2023
Amortized
Cost
Unrealized
Gains
Unrealized
(Losses)
Estimated
Fair
Value
U.S. Government Agency Securities$150,651 $148 $(204)$150,595 
FDIC Certificates of Deposit4,410 2 (12)4,400 
Certificates of Deposit60,000 — — 60,000 
Commercial Paper78,610 59 (27)78,642 
Corporate Notes/Bonds118,899 281 (143)119,037 
$412,570 $490 $(386)$412,674