Marketable Securities |
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Marketable Securities |
5.
Marketable Securities
Marketable securities consisted of the following as of:
As of June 30, 2025, the Company held one U.S. Treasury debt security that was in an unrealized loss position totaling $2,944. As of December 31, 2024, the Company held seven U.S. Treasury debt securities that were in an unrealized loss position totaling $37,248. All U.S. Treasury obligations were due to mature in less than one year for the period and year ended June 30, 2025 and December 31, 2024, respectively.
The Company received proceeds of $31.4 million from maturities of marketable securities for the six months ended June 30, 2025. The Company received proceeds of $23.5 million from maturities of marketable securities for the year ended December 31, 2024. The Company did not realize any gains or losses from maturities of marketable securities for the period ended June 30, 2025 or the year ended December 31, 2024. |