Marketable Securities |
6 Months Ended | ||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||
| Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||
| Marketable Securities | Note 3 Marketable Securities
Below is a detail of marketable securities (in thousands):
At June 30, 2025 and December 31, 2024, the Company’s marketable securities consisted of investments in a publicly traded money market mutual fund. The underlying money market instruments were primarily comprised of certificates of deposit and financial company asset backed commercial paper. At both June 30, 2025 and December 31, 2024, the investment portfolio had a weighted-average maturity of 35 days. The gain recognized in connection with the investment in marketable securities for the three and six months ended June 30, 2025 was $0.001 million and $0.002 million, respectively, and recorded as a component of interest income in the condensed consolidated statements of operations. The gain recognized in connection with the investment in marketable securities for the three and six months ended June 30, 2024 was $0.01 million and $0.08 million, respectively, and recorded as a component of interest income in the condensed consolidated statements of operations. |
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