December 31, 2024

(In thousands)

Amortized
‎Cost

Gross
‎Unrealized
‎Gains

Gross Unrealized Losses

Fair
‎Value

Short-term:

Municipal bonds

$

8,990

$

8

$

(25)

$

8,973

Corporate debt securities

29,596

1

(62)

29,535

Commercial paper

36,527

4

(1)

36,530

Asset-backed securities

—

—

—

—

Government, federal agency, and other sovereign obligations

30,676

4

(99)

30,581

Total short-term marketable securities

$

105,789

$

17

$

(187)

$

105,619

Long-term:

Municipal bonds

$

6,538

$

—

$

(13)

$

6,525

Corporate debt securities

25,382

4

(115)

25,271

Asset-backed securities

19,690

2

(71)

19,621

Government, federal agency, and other sovereign obligations

14,772

2

(57)

14,717

Total long-term marketable securities

$

66,382

$

8

$

(256)

$

66,134

December 31, 2023

(In thousands)

Amortized
‎Cost

Gross
‎Unrealized
‎Gains

Gross
‎Unrealized
‎Losses

Fair
‎Value

Short-term:

Municipal bonds

$

11,210

$

—

$

(224)

$

10,986

Corporate debt securities

38,416

—

(853)

37,563

Government, federal agency, and other sovereign obligations

2,004

—

(56)

1,948

Total short-term marketable securities

$

51,630

$

—

$

(1,133)

$

50,497

Long-term:

Municipal bonds

$

7,180

$

—

$

(109)

$

7,071

Corporate debt securities

21,707

—

(432)

21,275

Asset-backed securities

17,499

—

(338)

17,161

Government, federal agency, and other sovereign obligations

30,363

—

(442)

29,921

Total long-term marketable securities

$

76,749

$

—

$

(1,321)

$

75,428