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Marketable Debt Securities (Tables)
12 Months Ended
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Summary of Marketable Securities Classified as Available-for-sale

Marketable debt securities, all of which were classified as available-for-sale, consist of the following (in thousands):

 

 

December 31, 2023

 

 

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Aggregate
Fair Value

 

Marketable debt securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities

 

$

109,571

 

 

$

71

 

 

$

(8

)

 

$

109,634

 

Interest and Investment Income

Interest and investment income consisted of the following (in thousands):

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

Interest income

 

$

1,842

 

 

$

2,764

 

Accretion of discount, net

 

 

4,788

 

 

 

 

Total interest and investment income

 

$

6,630

 

 

$

2,764