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Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2019
Investments Debt And Equity Securities [Abstract]  
Summary of Short-term Investments

The following is a summary of the Company’s short-term investments (in thousands):

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Loss

 

 

Fair Value

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Loss

 

 

Fair Value

 

Corporate bonds and commercial paper

 

$

1,498

 

 

$

 

 

$

(2

)

 

$

1,496

 

 

$

37,168

 

 

$

 

 

$

(17

)

 

$

37,151

 

U.S. government securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,995

 

 

 

 

 

 

 

 

 

4,995

 

Total Short-Term Investments

 

$

1,498

 

 

$

 

 

$

(2

)

 

$

1,496

 

 

$

42,163

 

 

$

 

 

$

(17

)

 

$

42,146

 

Summary of Maturities of Short-term Investments by Contractual Maturity

The following table summarizes the maturities of the Company’s short-term investments by contractual maturity (in thousands):

 

 

September 30, 2019

 

 

December 31, 2018

 

 

 

Amortized Cost

 

 

Fair Value

 

 

Amortized Cost

 

 

Fair Value

 

Less than 1 year

 

$

1,498

 

 

$

1,496

 

 

$

42,163

 

 

$

42,146

 

Due in 1-3 years

 

 

 

 

 

 

 

 

 

 

 

 

Total Short-Term Investments

 

$

1,498

 

 

$

1,496

 

 

$

42,163

 

 

$

42,146