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Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2023
Debt Securities, Available-for-Sale [Abstract]  
Schedule of Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

As of September 30, 2023

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Losses

 

 

Fair Value

 

Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

 

US Treasury obligations

 

$

149,721

 

 

$

8

 

 

$

(104

)

 

$

149,625

 

US Government agency securities

 

 

171,645

 

 

 

55

 

 

 

(106

)

 

 

171,594

 

Commercial paper

 

 

84,281

 

 

 

 

 

 

 

 

 

84,281

 

Corporate bonds

 

 

51,855

 

 

 

 

 

 

(115

)

 

 

51,740

 

Total

 

$

457,502

 

 

$

63

 

 

$

(325

)

 

$

457,240

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2022

 

 

 

Amortized Cost

 

 

Unrealized Gain

 

 

Unrealized Losses

 

 

Fair Value

 

Marketable Securities

 

 

 

 

 

 

 

 

 

 

 

 

US Treasury obligations

 

$

59,422

 

 

$

 

 

$

(304

)

 

$

59,118

 

US Government agency securities

 

 

15,000

 

 

 

 

 

 

(59

)

 

 

14,941

 

Commercial paper

 

 

310,433

 

 

 

 

 

 

 

 

 

310,433

 

Corporate bonds

 

 

61,504

 

 

 

 

 

 

(255

)

 

 

61,249

 

Asset-backed securities

 

 

12,574

 

 

 

 

 

 

(66

)

 

 

12,508

 

Total

 

$

458,933

 

 

$

 

 

$

(684

)

 

$

458,249