Cash Equivalents, Restricted Cash and Investments (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows (in thousands):

	June 30,		December 31,
	2022		2021
Cash and cash equivalents	$	44,396	$	49,978
Restricted cash included in Other assets		1,080		1,080
Total cash, cash equivalents and restricted cash	$	45,476	$	51,058

Amortized Cost and Fair Value of Cash Equivalents and Investments

The amortized cost and fair value of cash equivalents and investments at June 30, 2022 and December 31, 2021 were as follows (in thousands):

	June 30, 2022
	Amortized		Gross Unrealized					Fair
	Cost		Gains		Losses			Value
Money market fund	$	41,722	$	—	$	—		$	41,722
U.S. treasury securities		97,758		—		(958	)		96,800
Non-U.S. government securities		24,616		—		(248	)		24,368
Commercial paper		77,750		—		—			77,750
Asset-backed securities		19,517		—		(213	)		19,304
Corporate debt securities		84,439		—		(891	)		83,548
Total available-for-sale securities	$	345,802	$	—	$	(2,310	)	$	343,492
Classified as:
Cash equivalents								$	41,722
Short-term investments									284,219
Long-term investments									17,551
Total available-for-sale securities								$	343,492

	December 31, 2021
	Amortized		Gross Unrealized					Fair
	Cost		Gains		Losses			Value
Money market fund	$	41,960	$	—	$	—		$	41,960
U.S. treasury securities		40,397		—		(160	)		40,237
Government-sponsored agencies		16,821		—		(56	)		16,765
Commercial paper		111,868		—		—			111,868
Asset-backed securities		39,988		—		(62	)		39,926
Corporate debt securities		103,779		7		(212	)		103,574
Total available-for-sale securities	$	354,813	$	7	$	(490	)	$	354,330
Classified as:
Cash equivalents								$	41,960
Short-term investments									214,514
Long-term investments									97,856
Total available-for-sale securities								$	354,330