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Short-Term Investment (Tables)
3 Months Ended
Mar. 31, 2025
Short-Term Investments [Abstract]  
Schedule of Short-term Investments Available for Sale

Short-term investments, principally U.S. Treasury bills, are available-for-sale and consisted of the following (in thousands):

 

 

As of March 31, 2025

 

 

 

Amortized Cost

 

 

Unrealized Gain, Net

 

 

Estimated Fair Value

 

U.S. Treasury securities

 

$

201,308

 

 

$

33

 

 

$

201,341

 

 

 

 

As of December 31, 2024

 

 

 

Amortized Cost

 

 

Unrealized Gain, Net

 

 

Estimated Fair Value

 

U.S. Treasury securities

 

$

220,327

 

 

$

190

 

 

$

220,517