Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

v3.24.2.u1
INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
SUMMARY OF MARKETABLE SECURITIES

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