MARKETABLE SECURITIES (Tables)

3 Months Ended

Mar. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Marketable Securities

The following table sets forth the Company’s marketable securities:

	March 31,		December 31,
(in thousands)	2024		2023
U.S. Government and agency debt securities	$	42,449	$	31,886
U.S. Treasury bills	24,436		30,747
Total	$	66,885	$	62,633

Schedule of Debt Securities Available-for-sale

As of March 31, 2024 and December 31, 2023, the amortized cost, gross unrealized gains, gross unrealized losses and fair value were as follows:

	March 31, 2024
(in thousands)	Amortized cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
U.S. Government and agency debt securities	$	42,514	$	—	$	(65)	$	42,449
U.S. Treasury bills	24,441		—		(5)		24,436
Total	$	66,955	$	—	$	(70)	$	66,885

	December 31, 2023
(in thousands)	Amortized cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
U.S. Government and agency debt securities	$	31,866	$	30	$	(10)	$	31,886
U.S. Treasury bills	30,742		5		—		30,747
Total	$	62,608	$	35	$	(10)	$	62,633