Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

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Marketable Securities
 6 Months Ended
Jun. 30, 2024
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities Marketable Securities
Marketable securities as of June 30, 2024 and December 31, 2023 consisted of the following:

June 30, 2024
Amortized Cost Unrealized Gain/(Loss) Fair Value
U.S. Treasury bills $ 20,757  $ —  $ 20,757 
Total marketable securities $ 20,757  $ —  $ 20,757 

December 31, 2023
Amortized Cost Unrealized Gain/(Loss) Fair Value
U.S. Treasury bills $ 51,289  $ —  $ 51,289 
Total marketable securities $ 51,289  $ —  $ 51,289 
Marketable securities at June 30, 2024 and December 31, 2023 are comprised solely of zero coupon U.S. treasury bills with maturities of greater than three months but less than one year that are classified as available-for-sale debt securities. Unrealized gains or losses were not material for each of the three and six months ended June 30, 2024 and 2023. The accretion of discounts on marketable securities is included in interest income on the condensed consolidated statements of operations and comprehensive income.