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

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

Description

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

September 30, 2023

 

 

 

 

 

 

 

 

 

 

 

 

US treasury securities

 

$

26,415

 

 

$

 

 

$

(298

)

 

$

26,117

 

US government agencies

 

 

192,787

 

 

 

1

 

 

 

(1,257

)

 

 

191,531

 

Corporate securities

 

 

137,009

 

 

 

 

 

 

(895

)

 

 

136,114

 

Total

 

$

356,211

 

 

$

1

 

 

$

(2,450

)

 

$

353,762

 

 

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