Quarterly report pursuant to Section 13 or 15(d)

Cash and Cash Equivalents

v3.24.3
Cash and Cash Equivalents
9 Months Ended
Sep. 30, 2024
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents

4. Cash and Cash Equivalents

Cash equivalents are highly liquid investments that are readily convertible into cash with original maturities of three months or less when purchased. Unrealized gains or losses are included in accumulated other comprehensive loss. Premiums or discounts from par value are amortized to interest income over the life of the underlying security.

Cash and cash equivalents consisted of the following as of September 30, 2024 and December 31, 2023 (in thousands):

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

September 30, 2024

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and money market funds

 

$

58,275

 

 

$

 

 

$

 

 

$

58,275

 

Total:

 

$

58,275

 

 

$

 

 

$

 

 

$

58,275

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

December 31, 2023

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Cash and money market funds

 

$

139,526

 

 

$

 

 

$

 

 

$

139,526

 

Total

 

$

139,526

 

 

$

 

 

$

 

 

$

139,526