Cash and Investments in Marketable Securities (Tables)

3 Months Ended

Mar. 31, 2025

Fair Value Disclosures [Abstract]

Schedule of Cash and Investments in Marketable Securities, Including Cash Equivalents

Cash and investments in marketable securities, including cash equivalents, are as follows (in thousands):

	Estimated Fair Value at
	March 31, 2025		December 31, 2024
Cash and cash equivalents	$	38,894	$	44,252
Short-term investments		179,738		210,974
Long-term investments		2,019		13,869
Total cash and investments in marketable securities	$	220,651	$	269,095

Schedule of Portfolio of Cash and Investments in Marketable Securities

Our portfolio of cash and investments in marketable securities consists of the following (in thousands):

		March 31, 2025									December 31, 2024
	Fair Value Hierarchy Level	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value		Fair Value
Corporate notes and bonds	2	$	97,017	$	44	$	(21	)	$	97,040	$	109,711
Corporate commercial paper	2		85,514		14		(22	)		85,506		119,542
Available-for-sale investments		$	182,531	$	58	$	(43	)	$	182,546	$	229,253
Money market funds	1									16,882		15,993
Certificates of deposit	2									14,099		14,027
Cash	N/A									7,124		9,822
Total cash and investments in marketable securities									$	220,651	$	269,095