Available-for-Sale-Securities (Tables)

6 Months Ended

Jun. 30, 2024

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):


	June 30, 2024								December 31, 2023
	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value		Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value

Corporate debt securities	$	20,881	$	1	$	(15)	$	20,867	$	37,791	$	3	$	(8)	$	37,786
Commercial paper	—		—		—		—		1,981		—		—		1,981
Money market funds	11,707		—		—		11,707		4,268		—		—		4,268


Municipal debt securities	1,255		—		—		1,255		622		—		—		622
Total	$	33,843	$	1	$	(15)	$	33,829	$	44,662	$	3	$	(8)	$	44,657

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 the Company's Consolidated Balance Sheets (in thousands):


	June 30, 2024		December 31, 2023
Cash equivalents	$	23,860	$	16,715
Marketable securities	9,969		27,942
Total	$	33,829	$	44,657

Schedule of Investments Classified by Contractual Maturity Date

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


	June 30, 2024
	Amortized Cost		Estimated Fair Value
Less than one year	$	33,843	$	33,829
Greater than one year	—		—
Total	$	33,843	$	33,829