Quarterly report pursuant to Section 13 or 15(d)

Short-term Investments (Tables)

v3.24.3
Short-term Investments (Tables)
 9 Months Ended
Sep. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available for Sale Short-term Investments by Major Security Type

The following table represents the Company’s available for sale short-term investments by major security type as of September 30, 2024 and December 31, 2023:

September 30, 2024

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity by period

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair Value

 

 

Less than 1

 

 

 

 

Available-for-sale

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Total

 

 

Year

 

 

1 to 5 Years

 

U.S. Treasury bonds

 

$

1,095

 

 

$

1

 

 

$

—

 

 

$

1,096

 

 

$

1,096

 

 

$

—

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2023

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity by period

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair Value

 

 

Less than 1

 

 

 

 

Available-for-sale

 

Cost

 

 

Gains

 

 

(Losses)

 

 

Total

 

 

Year

 

 

1 to 5 Years

 

Corporate bonds

 

$

1,179

 

 

$

1

 

 

$

—

 

 

$

1,180

 

 

$

1,180

 

 

$

—

 

Commercial paper

 

 

3,288

 

 

 

—

 

 

 

(1

)

 

 

3,287

 

 

 

3,287

 

 

 

—

 

U.S. Treasury bonds

 

 

13,391

 

 

 

3

 

 

 

(2

)

 

 

13,392

 

 

 

13,392

 

 

 

—

 

Total

 

$

17,858

 

 

$

4

 

 

$

(3

)

 

$

17,859

 

 

$

17,859

 

 

$

—

 

For the three and nine months ended September 30, 2024 and 2023, no allowance was recorded for credit losses. Unrealized gains and losses are reported as a component of accumulated other comprehensive income in shareholders’ deficit.