XML 86 R24.htm IDEA: XBRL DOCUMENT
v3.22.0.1

CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract] |
Marketable Securities | The table below summarizes the Company’s cash equivalents and marketable securities (in thousands):
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Fair Value
December 31, 2021 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 119,919 |  |  | $ | — |  |  | $ | — |  |  | $ | 119,919 |
Total | 119,919 |  |  | — |  |  | — |  |  | 119,919 |
Marketable securities: |  |  |  |  |  |  |
U.S. government-sponsored entity debt securities | 30,700 |  |  | 1 |  |  | (87) |  |  | 30,614 |
Commercial paper securities | 105,792 |  |  | 7 |  |  | (42) |  |  | 105,757 |
Corporate debt securities | 33,723 |  |  | 1 |  |  | (42) |  |  | 33,682 |
Certificates of deposit | 45,116 |  |  | 1 |  |  | (26) |  |  | 45,091 |
Asset-backed securities | 70,807 |  |  | 1 |  |  | (107) |  |  | 70,701 |
Total | 286,138 |  |  | 11 |  |  | (304) |  |  | 285,845 |
Total cash equivalents and marketable securities | $ | 406,057 |  |  | $ | 11 |  |  | $ | (304) |  |  | $ | 405,764 |
December 31, 2020 |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market funds | $ | 53,165 |  |  | $ | — |  |  | $ | — |  |  | $ | 53,165 |
Total | 53,165 |  |  | — |  |  | — |  |  | 53,165 |
Marketable securities: |  |  |  |  |  |  |
U.S. government-sponsored entity debt securities | 257,284 |  |  | 19 |  |  | (5) |  |  | 257,298 |
Commercial paper securities | 213,500 |  |  | 41 |  |  | (8) |  |  | 213,533 |
Corporate debt securities | 59,575 |  |  | 16 |  |  | (17) |  |  | 59,574 |
Certificates of deposit | 12,311 |  |  | — |  |  | — |  |  | 12,311 |
Asset-backed securities | 17,905 |  |  | 10 |  |  | (7) |  |  | 17,908 |
Total | 560,575 |  |  | 86 |  |  | (37) |  |  | 560,624 |
Total cash equivalents and marketable securities | $ | 613,740 |  |  | $ | 86 |  |  | $ | (37) |  |  | $ | 613,789 |
Investments Classified by Contractual Maturity Date | The fair value of marketable securities by contractual maturity were as follows (in thousands):
| December 31,
| 2021 |  | 2020
Maturing in one year or less | $ | 197,676 |  |  | $ | 510,094 |
Maturing after one year through five years | 88,169 |  |  | 50,530 |
Total | $ | 285,845 |  |  | $ | 560,624 |

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration