Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2024

Investments, Debt and Equity Securities [Abstract]

The following table summarizes the Company’s investments as of June 30, 2024 (in thousands):


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
U.S. Treasury securities	$	10,428	$	-	$	(42	)	$	10,386
U.S. government agency securities		23,908		-		(127	)		23,781
Corporate debt securities		89,388		1		(217	)		89,172
Total	$	123,724	$	1	$	(386	)	$	123,339

The following table summarizes the Company’s investments as of December 31, 2023 (in thousands):


	Amortized Cost		Gross Unrealized Gain		Gross Unrealized Losses			Fair Value

Debt Securities:
Corporate debt securities		7,182		1		(1	)		7,182
Total	$	7,182	$	1	$	(1	)	$	7,182

SCHEDULE OF AVAILABLE FOR SALE DEBT SECURITIES BY CONTRACTUAL MATURITY

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable debt securities by contractual maturity as of June 30, 2024 (in thousands):


	Amortized Cost		Fair Value

Maturing in one year or less	$	97,800	$	97,574
Maturing after one year but less than three years		25,924		25,765
	$	123,724	$	123,339

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable debt securities by contractual maturity as of December 31, 2023 (in thousands):


	Amortized Cost		Fair Value

Maturing in one year or less	$	7,182	$	7,182
	$	7,182	$	7,182