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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2023
Marketable Securities [Abstract]  
Summary of Available-for-Sale Debt Securities

The following tables summarize the available-for-sale debt securities held at June 30, 2023 and December 31, 2022 (in thousands):

Description

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

June 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

US treasury securities

 

$

43,330

 

 

$

 

 

$

(520

)

 

$

42,810

 

US government agencies

 

 

206,060

 

 

 

3

 

 

 

(1,852

)

 

 

204,211

 

Corporate securities

 

 

174,196

 

 

 

1

 

 

 

(1,271

)

 

 

172,926

 

Total

 

$

423,586

 

 

$

4

 

 

$

(3,643

)

 

$

419,947

 

 

Description

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

December 31, 2022

 

 

 

 

 

 

 

 

 

 

 

 

US treasury securities

 

$

94,958

 

 

$

3

 

 

$

(1,111

)

 

$

93,850

 

US government agencies

 

 

180,967

 

 

 

25

 

 

 

(1,873

)

 

 

179,119

 

Corporate securities

 

 

220,119

 

 

 

25

 

 

 

(2,014

)

 

 

218,130

 

Total

 

$

496,044

 

 

$

53

 

 

$

(4,998

)

 

$

491,099