Equity securities are comprised of investments in mutual funds. The fair value of equity securities at June 30, 2024 and December 31, 2023 was $1.2 million and $1.1 million, respectively

Unrealized gains or losses on equity securities recorded in other income (expense), net during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2024		2023		2024		2023
Unrealized gain on equity investments	$	13	$	40	$	66	$	90

These unrealized gains or losses are recorded as a component of other income (expense), net. There were no realized gains or losses from equity securities for each of the three and six months ended June 30, 2024 and 2023.

Additional information regarding the fair value of our financial instruments is included in Note 4, Fair Value of Financial Instruments.