Quarterly report [Sections 13 or 15(d)]

Basis of Presentation and Significant Accounting Policies (Tables)

v3.25.1
Basis of Presentation and Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Basis of Presentation and Significant Accounting Policies  
Schedule of cash, cash equivalents and restricted cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the condensed consolidated statements of cash flows (in thousands):

​

​

​

​

​

​

​

​

​

March 31, 

​

December 31, 

​

​

2025

​

2024

Unrestricted cash

​

$

5,832

​

$

8,983

Unrestricted cash equivalents

​

​

84,433

​

​

92,671

Total unrestricted cash and cash equivalents

​

$

90,265

​

$

101,654

Short-term restricted cash

​

​

1,410

​

​

1,330

Long-term restricted cash

​

​

3,352

​

​

3,432

Total restricted cash

​

$

4,762

​

$

4,762

Total unrestricted and restricted cash and cash equivalents

​

$

95,027

​

$

106,416

Schedule of cash equivalents classified as available-for-sale debt securities

Cash equivalents classified as available-for-sale debt securities consisted of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 2025

​

​

Amortized

​

Unrealized

​

Unrealized

​

Estimated Fair

​

​

Cost Basis

​

Gains

​

Losses

​

Value

U.S. treasury bills

​

$

25,556

​

$

118

​

$

—

​

$

25,674

Total debt securities

​

$

25,556

​

$

118

​

$

—

​

$

25,674

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2024

​

​

Amortized

​

Unrealized

​

Unrealized

​

Estimated Fair

​

​

Cost Basis

​

Gains

​

Losses

​

Value

U.S. treasury bills

​

$

20,294

​

$

73

​

$

—

​

$

20,367

Total debt securities

​

$

20,294

​

$

73

​

$

—

​

$

20,367