Debt Securities, Available-for-Sale |
Cash equivalents, short-term and long-term investments as of March 31, 2025 were comprised as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | Cash equivalents and short-term investments: | | | | | | | | | Money market funds, included in cash equivalents | | $ | 28,927 | | | $ | — | | | $ | — | | | $ | 28,927 | | Commercial paper | | 46,305 | | | 16 | | | (6) | | | 46,315 | | Government securities | | 53,947 | | | 17 | | | (9) | | | 53,955 | | Corporate debt securities | | 113,555 | | | 171 | | | (20) | | | 113,706 | | Total cash equivalents and short-term investments | | 242,734 | | | 204 | | | (35) | | | 242,903 | | Long-term investments: | | | | | | | | | Government securities | | 9,887 | | | 27 | | | — | | | 9,914 | | Corporate debt securities | | 16,055 | | | 31 | | | — | | | 16,086 | | Total long-term investments | | 25,942 | | | 58 | | | — | | | 26,000 | | Total cash equivalents and investments | | $ | 268,676 | | | $ | 262 | | | $ | (35) | | | $ | 268,903 | |
Cash equivalents, short-term investments and long-term investments as of December 31, 2024 were comprised as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost | | Unrealized Gains | | Unrealized Losses | | Fair Value | Cash equivalents and short-term investments: | | | | | | | | | Money market funds, included in cash equivalents | | $ | 23,324 | | | $ | — | | | $ | — | | | $ | 23,324 | | Commercial paper | | 46,738 | | | 50 | | | (15) | | | 46,773 | | Government securities | | 59,130 | | | 48 | | | (8) | | | 59,170 | | Corporate debt securities | | 121,713 | | | 162 | | | (21) | | | 121,854 | | Total cash equivalents and short-term investments | | 250,905 | | | 260 | | | (44) | | | 251,121 | | Long-term investments: | | | | | | | | | Government securities | | 10,878 | | | 10 | | | — | | | 10,888 | | Corporate debt securities | | 25,675 | | | 84 | | | (14) | | | 25,745 | | Total long-term investments | | 36,553 | | | 94 | | | (14) | | | 36,633 | | Total cash equivalents and investments | | $ | 287,458 | | | $ | 354 | | | $ | (58) | | | $ | 287,754 | |
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