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Cash and Cash Equivalents (Tables)
6 Months Ended
Jun. 30, 2023
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents The carrying values of the Company’s cash and cash equivalents are as follows:
As of
June 30,
As of December 31,
20232022
(in thousands)
(unaudited)
Cash$25,571 $49,789 
Cash equivalents16,420 47,609 
Restricted cash - letters of credit5,720 6,938 
Total cash and cash equivalents$47,711 $104,336 
Restrictions on Cash and Cash Equivalents The carrying values of the Company’s cash and cash equivalents are as follows:
As of
June 30,
As of December 31,
20232022
(in thousands)
(unaudited)
Cash$25,571 $49,789 
Cash equivalents16,420 47,609 
Restricted cash - letters of credit5,720 6,938 
Total cash and cash equivalents$47,711 $104,336