| Schedule of Cash Equivalents and Marketable Securities |
Cash equivalents and marketable securities consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2023 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gains |
|
|
Unrealized
Losses |
|
|
Fair
Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
204,698 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
204,698 |
|
Commercial paper |
|
|
49,254 |
|
|
|
- |
|
|
|
- |
|
|
|
49,254 |
|
Corporate debt securities |
|
|
2,984 |
|
|
|
- |
|
|
|
- |
|
|
|
2,984 |
|
Asset-based securities |
|
|
1,591 |
|
|
|
- |
|
|
|
- |
|
|
|
1,591 |
|
U.S. government securities |
|
|
84,425 |
|
|
|
14 |
|
|
|
(5 |
) |
|
|
84,434 |
|
U.S. agency securities |
|
|
14,838 |
|
|
|
7 |
|
|
|
- |
|
|
|
14,845 |
|
Total |
|
|
357,790 |
|
|
|
21 |
|
|
|
(5 |
) |
|
|
357,806 |
|
Less amounts classified as cash equivalents |
|
|
(234,605 |
) |
|
|
(3 |
) |
|
|
- |
|
|
|
(234,608 |
) |
Total marketable securities |
|
$ |
123,185 |
|
|
$ |
18 |
|
|
$ |
(5 |
) |
|
$ |
123,198 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2022 |
|
|
|
Amortized
Cost Basis |
|
|
Unrealized
Gains |
|
|
Unrealized
Losses |
|
|
Fair
Value |
|
|
|
(in thousands) |
|
Money market funds |
|
$ |
36,486 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
36,486 |
|
Commercial paper |
|
|
87,140 |
|
|
|
- |
|
|
|
- |
|
|
|
87,140 |
|
Corporate debt securities |
|
|
36,554 |
|
|
|
2 |
|
|
|
(127 |
) |
|
|
36,429 |
|
Asset-based securities |
|
|
14,026 |
|
|
|
- |
|
|
|
(10 |
) |
|
|
14,016 |
|
U.S. government securities |
|
|
91,619 |
|
|
|
8 |
|
|
|
(376 |
) |
|
|
91,251 |
|
U.S. agency securities |
|
|
16,646 |
|
|
|
- |
|
|
|
(39 |
) |
|
|
16,607 |
|
Supranational debt securities |
|
|
16,555 |
|
|
|
- |
|
|
|
(74 |
) |
|
|
16,481 |
|
Total |
|
|
299,026 |
|
|
|
10 |
|
|
|
(626 |
) |
|
|
298,410 |
|
Less amounts classified as cash equivalents |
|
|
(43,318 |
) |
|
|
(2 |
) |
|
|
- |
|
|
|
(43,320 |
) |
Total marketable securities |
|
$ |
255,708 |
|
|
$ |
8 |
|
|
$ |
(626 |
) |
|
$ |
255,090 |
|
|