Investments (Tables)

3 Months Ended

Mar. 31, 2024

Investments

Schedule of cash, cash equivalents and investments

Cash, cash equivalents, restricted cash and investments consist of the following (in thousands):

	March 31, 2024
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Cash, cash equivalents & restricted cash:
Cash and money market accounts	$	82,594	$	—	$	—	$	82,594
Total cash, cash equivalents & restricted cash:	$	82,594	$	—	$	—	$	82,594
Investments:
Corporate bonds, agency bonds and commercial paper (due within 1 year)	$	28,813	$		$	(4)	$	28,809
Total investments	$	28,813	$	—	$	(4)	$	28,809
Total cash, cash equivalents, restricted cash and investments	$	111,407	$	—	$	(4)	$	111,403

	December 31, 2023
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
Cash, cash equivalents & restricted cash:
Cash and money market accounts	$	79,076	$	—	$	—	$	79,076
Total cash, cash equivalents & restricted cash:	$	79,076	$	—	$	—	$	79,076
Investments:
Corporate bonds, agency bonds and commercial paper (due within 1 year)	$	59,208	$	13		(1)	$	59,220
Total investments	$	59,208	$	13	$	(1)	$	59,220
Total cash, cash equivalents, restricted cash and investments	$	138,284	$	13	$	(1)	$	138,296

Summary of available-for-sale securities with unrealized losses for less than 12 months

The following is a summary of available-for-sale securities with unrealized losses for less than 12 months as of March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024				December 31, 2023
	Fair		Unrealized		Fair		Unrealized
	Value		Losses		Value		Losses
Corporate bonds, agency bonds and commercial paper (due within 1 year)	$	28,809	$	(4)	$	8,896	$	(1)
Total available-for-sale securities in an unrealized loss position	$	28,809	$	(4)	$	8,896	$	(1)