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Short-term investments
3 Months Ended
Mar. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Short-term investments

Note 4 Short-Term Investments

Below is a summary of short-term investments, which are measured at fair value as of March 31, 2023 (in thousands):

 

 

 

Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

Corporate bonds

 

$

97,887

 

 

$

-

 

 

$

(952

)

 

$

96,935

 

Asset-backed securities

 

 

8,885

 

 

 

20

 

 

 

-

 

 

 

8,905

 

Government securities

 

 

2,951

 

 

 

40

 

 

 

-

 

 

 

2,991

 

Total

 

$

109,723

 

 

$

60

 

 

$

(952

)

 

$

108,831

 

 

At March 31, 2023 and December 31, 2022, the Company’s short-term investments consisted of investments in corporate bonds and notes, asset backed securities, and government securities with varying maturity dates between 2023 through 2027.