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Investment in Equity Securities (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Summary of Changes in Fair Value Estimate of Investment in Equity Securities

The following table summarizes the changes in the Company's fair value estimate of its Investment in equity securities (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of January 1, 2023 of Investment in equity securities

 

 

 

 

$

4,700

 

Impairment charge on Investment in equity securities

 

 

 

 

 

(2,990

)

Balance as of December 31, 2023 Investment in equity securities

 

 

 

 

 

1,710

 

Impairment charge on Investment in equity securities

 

 

 

 

 

(1,710

)

Balance as of December 31, 2024 Investment in equity securities

 

 

 

 

$

-