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Short-term Investments
6 Months Ended
Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]  
Short-term Investments Short-term Investments
Short-term investments consisted of available-for-sale and equity securities as follows (in thousands):
Type of securities as of June 30, 2023Amortized
cost
Gross
unrealized
gains
Gross
unrealized
losses
Fair value
Corporate debt securities$3,293 $$— $3,297 
Total available-for-sale debt securities$3,293 $$— $3,297 
Type of securities as of December 31, 2022Amortized
cost
Gross
unrealized
gains
Gross
unrealized
losses
Fair value
Corporate debt securities$62,862 $— $(359)$62,503 
Government-related debt securities22,009 — (230)21,779 
Total available-for-sale debt securities$84,871 $— $(589)$84,282 
The fair values of available-for-sale debt securities by contractual maturity were as follows (in thousands):
June 30, 2023December 31, 2022
Maturing in one year or less$3,297 $81,004 
Maturing in one to three years— 3,278 
Total available-for-sale debt securities$3,297 $84,282 
The Company has both the intent and ability to sell its available-for-sale debt securities maturing greater than one year within 12 months from the balance sheet date and, accordingly, has classified these securities as current in the condensed consolidated balance sheets.