Marketable Securities

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Marketable Securities

4. Marketable Securities

The Company’s investments in marketable securities are stated at fair value and are available for sale. All remaining investments in marketable securities matured with no realized gain or loss during May 2023.

The cost of securities sold is based upon the specific identification method. The Company did not record investment income during the three months ended March 31, 2024, and recorded $0.8 million for the three months ended March 31, 2023, included in “Interest and investment income” in the Consolidated Statements of Operations.