Annual report pursuant to Section 13 and 15(d)

Short-term Investments

v3.24.1
Short-term Investments
 12 Months Ended
Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]  
Short-term Investments Short-term Investments
The Company considers all investments with original maturities of three months or less to be cash and cash equivalents and investments with original maturities of more than three months but less than one year to be short-term investments. As of December 31, 2022, the Company's investment in short-term investments consisted of U.S. Treasury Securities classified as held-to-maturity. Held-to-maturity investments are recorded at amortized cost and adjusted for the amortization or accretion of premiums or discounts. The carrying value, excluding gross unrealized holding gains or losses and fair value as of December 31, 2023 and 2022 were as follows:
December 31, 2023
Amortized Cost and Carrying Value Gross Unrealized Gains Gross Unrealized Losses
Fair Value December 31, 2023
Classified as Cash and cash equivalents
U.S. Treasury Securities $ 9,950  $ 16  $ —  $ 9,966 
Classified as short-term investments
U.S. Treasury Securities $ —  $ —  $ —  $ — 
December 31, 2022
Amortized Cost and Carrying Value Gross Unrealized Gains Gross Unrealized Losses
Fair Value December 31, 2022
Classified as Cash and cash equivalents
U.S. Treasury Securities $ 19,864  $ 73  $ —  $ 19,937 
Classified as short-term investments
U.S. Treasury Securities $ 9,816  $ 33  $ —  $ 9,849