Investments (Tables)

6 Months Ended

Jun. 30, 2024

Investments [Abstract]

Schedule of Available for Sale Securities

The following tables summarize the Company's investments in available-for-sale securities by significant investment category reported as short-term as of June 30, 2024 (in thousands):

	June 30, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Estimated Fair Value
U.S. Treasury	$	85,481	$	-	$	(42)	$	85,439
Commercial paper	13,905		—		(21)		13,884
Total available-for-sale investments	$	99,386	$	—	$	(63)	$	99,323

The following tables summarize the Company's investments in available-for-sale securities by significant investment category reported as short-term as of December 31, 2023 (in thousands):

	December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Estimated Fair Value
U.S. Treasury	$	47,347	$	19	$	—	$	47,366
Federal agency securities	35,840		—		(22)		35,818
Commercial paper	11,937		—		(10)		11,927
Total available-for-sale investments	$	95,124	$	19	$	(32)	$	95,111

Schedule of the Contractual Maturities for Available Sale Securities

The following table summarizes the contractual maturities of the Company's available-for-sale securities at June 30, 2024 (in thousands):

	June 30, 2024
	Amortized Cost		Fair Value
Mature in less than one year	$	99,386	$	99,323
Total	$	99,386	$	99,323

The following table summarizes the contractual maturities of the Company's available-for-sale securities at December 31, 2023 (in thousands):

	December 31, 2023
	Amortized Cost		Fair Value
Mature in less than one year	$	95,124	$	95,111
Total	$	95,124	$	95,111