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Cash, Cash Equivalents and Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2022
Cash and Cash Equivalents [Abstract]  
Summary of cash, cash equivalents and available-for-sale marketable securities
A summary of cash, cash equivalents and
available-for-sale
marketable securities held by the Company as of June 30, 2022 and December 31, 2021 is as follows (in thousands):

 
 
  
June 30, 2022
 
 
  
 
 
  
Unrealized
 
  
Unrealized
 
  
Fair
 
  
Cost
 
  
gains
 
  
losses
 
  
Value
 
Cash and cash equivalents:
  
  
  
  
Cash (Level 1)
   $ 1,728      $  —        $ —        $ 1,728  
Money market funds (Level 1)
     37,809        —          —          37,809  
Corporate debt securities due within 3 months of date of purchase (Level 2)
     13,735        —          —          13,735  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total cash and cash equivalents
     53,272        —          —          53,272  
Marketable securities:
                                   
Corporate debt securities due within 1 year of date of purchase (Level 2)
     152,923        1        (431      152,493  
U.S. government and government sponsored entities due within 1 year of date of purchase (Level 2)
     6,018        —          (17      6,001  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total cash, cash equivalents and marketable securities
   $ 212,213      $ 1      $ (448    $  211,766  
    
 
 
    
 
 
    
 
 
    
 
 
 
 
  
December 31, 2021
 
 
  
 
 
  
Unrealized
 
  
Unrealized
 
  
Fair
 
  
Cost
 
  
gains
 
  
losses
 
  
Value
 
Cash and cash equivalents:
  
     
  
     
  
     
  
     
Cash (Level 1)
   $ 18,877      $  —        $  —        $ 18,877  
Money market funds (Level 1)
     17,392        —          —          17,392  
Total cash and cash equivalents
     36,269        —          —          36,269  
Marketable securities:
                                   
Corporate debt securities due within 1 year of date of purchase (Level 2)
     228,348        6        (66      228,288  
Corporate debt securities due within 1 to 2 years of date of purchase (Level 2)
     5,809        —          (20      5,789  
    
 
 
    
 
 
    
 
 
    
 
 
 
Total cash, cash equivalents and marketable securities
   $  270,426      $ 6      $  (86    $  270,346