Quarterly report pursuant to Section 13 or 15(d)

Accounting Policies (Policies)

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Accounting Policies (Policies)
9 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Short-Term Investments

Short-Term Investments

Short-term investments consist of financial instruments purchased with an original maturity of greater than three months and less than one year. We consider our short-term investments as available-for-sale and carry them at fair value, with unrealized gains and losses, if any, reported as accumulated other comprehensive income or loss, which is a separate component of stockholders’ equity. Realized gains and losses on the sale or impairment, if any, of these securities, are recognized in net income or loss. The cost of investments sold is based on the specific identification method.

Fair Value of Financial Instruments

Fair value of financial instruments

The fair value of our marketable securities is based on quoted market prices and trade data for comparable securities.