Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents, Restricted Cash and Marketable Debt Securities (Tables)

v3.23.3
Cash, Cash Equivalents, Restricted Cash and Marketable Debt Securities (Tables)
 9 Months Ended
Sep. 30, 2023
Cash and Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts in the Condensed Consolidated Statements of Cash Flows as of September 30, 2023, December 31, 2022, September 30, 2022 and December 31, 2021:

 

    September 30,
2023		     December 31,
2022		     September 30,
2022		     December 31,
2021		  
Cash and cash equivalents   $ 6,407     $ 6,830     $ 11,176     $ 21,030  
Restricted cash included in current/non-current assets     250       250       250       250  
Cash, cash equivalents and restricted cash in the statement of cash flows   $ 6,657     $ 7,080     $ 11,426     $ 21,280  
Schedule of Marketable Securities

The following tables summarize the Company’s marketable debt securities as of September 30, 2023:

 

    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
    Amortized     Unrealized     Unrealized        
    Cost     Gain     (Loss)     Fair Value  
U.S. Treasury Bonds   $ 998     $ —     $ (13 )   $ 985  
U.S. Government Notes     11,170             —              (346 )     10,824  
Total marketable debt securities   $ 12,168     $ —     $ (359 )   $ 11,809  
The following tables summarize the Company’s marketable debt securities as of December 31, 2022:

 

   

Amortized

Cost

    

Unrealized

Gain

    

Unrealized

(Loss)

     Fair Value  
U.S. Treasury Bonds   $ 993     $ —     $ (34 )   $ 959  
U.S. Government Notes     16,324       —       (721 )     15,603  
Corporate Debt Securities     5,440             —            (69 )     5,371  
Total marketable debt securities   $ 22,757     $ —     $ (824 )   $ 21,933  
 
Schedule of Maturities of Debt Securities Available-for-sale

Maturities of debt securities classified as available-for-sale were as follows at September 30, 2023:

 

    Fair Value  
Due within one year   $ 11,809  
 

Maturities of debt securities classified as available-for-sale were as follows at December 31, 2022:

 

    Fair Value  
Due within one year   $ 13,240  
Due after one year through five years     8,693  
    $ 21,933