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Cash Equivalents and Marketable Securities (Tables)
9 Months Ended
Sep. 30, 2021
Cash Equivalents And Marketable Securities [Abstract]  
Schedule of Cash Equivalent and Marketable Securities Classified as Available-for-Sale

Cash equivalents and marketable securities classified as available-for-sale consisted of the following:

 

 

 

September 30, 2021

 

 

 

Amortized
Cost Basis

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Estimated Fair
Value

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

69,644

 

 

$

 

 

$

 

 

$

69,644

 

Short-term marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury notes

 

 

60,526

 

 

 

29

 

 

 

 

 

 

60,555

 

Commercial paper

 

 

184,273

 

 

 

7

 

 

 

(3

)

 

 

184,277

 

Corporate debt securities

 

 

134,365

 

 

 

10

 

 

 

(24

)

 

 

134,351

 

Supranational debt securities

 

 

40,081

 

 

 

1

 

 

 

(1

)

 

 

40,081

 

Total short-term marketable securities

 

 

419,245

 

 

 

47

 

 

 

(28

)

 

 

419,264

 

Total cash equivalents and
  marketable securities

 

$

488,889

 

 

$

47

 

 

$

(28

)

 

$

488,908

 

 

 

 

December 31, 2020

 

 

 

Amortized
Cost Basis

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Estimated Fair
Value

 

 

 

(in thousands)

 

Cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

266,437

 

 

$

 

 

$

 

 

$

266,437

 

Short-term marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasury bills

 

 

14,996

 

 

 

3

 

 

 

 

 

 

14,999

 

U.S. treasury notes

 

 

45,292

 

 

 

100

 

 

 

(1

)

 

 

45,391

 

Commercial paper

 

 

144,851

 

 

 

 

 

 

 

 

 

144,851

 

Corporate debt securities

 

 

45,680

 

 

 

93

 

 

 

(3

)

 

 

45,770

 

Total short-term marketable securities

 

 

250,819

 

 

 

196

 

 

 

(4

)

 

 

251,011

 

Total cash equivalents and
  marketable securities

 

$

517,256

 

 

$

196

 

 

$

(4

)

 

$

517,448