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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2022
Table Text Block [Abstract]  
Summary of Marketable Securities Accounted for Available-for-Sale Securities

The following tables summarize the Company’s marketable securities accounted for as available-for-sale securities (in thousands, except years):

 

 

 

March 31, 2022

 

 

 

Maturity

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

(in years)

 

cost

 

 

losses

 

 

gains

 

 

fair value

 

US treasury securities

 

1 or less

 

$

34,100

 

 

$

(279

)

 

$

1

 

 

 

33,822

 

Corporate debt securities

 

1 or less

 

 

1,312

 

 

 

(7

)

 

 

 

 

 

1,305

 

Commercial paper

 

1 or less

 

 

24,059

 

 

 

 

 

 

 

 

 

24,059

 

US treasury securities

 

1-2

 

 

29,890

 

 

 

(666

)

 

 

 

 

 

29,224

 

Total

 

 

 

$

89,361

 

 

$

(952

)

 

$

1

 

 

$

88,410

 

 

 

 

 

 

December 31, 2021

 

 

 

Maturity

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Estimated

 

 

 

(in years)

 

cost

 

 

losses

 

 

gains

 

 

fair value

 

US treasury securities

 

1 or less

 

$

18,116

 

 

$

(19

)

 

$

 

 

$

18,097

 

Corporate debt securities

 

1 or less

 

 

2,824

 

 

 

(2

)

 

 

 

 

 

2,822

 

Commercial paper

 

1 or less

 

 

31,566

 

 

 

 

 

 

 

 

 

31,566

 

Supranational debt securities

 

1 or less

 

 

1,503

 

 

 

 

 

 

 

 

 

1,503

 

US treasury securities

 

1-2

 

 

44,911

 

 

 

(141

)

 

 

 

 

 

44,770

 

Total

 

 

 

$

98,920

 

 

$

(162

)

 

$

 

 

$

98,758