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Investments (Tables)
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Schedule of Company's Cash Equivalents and Investments
The following table summarizes the Company’s cash equivalents and investments:
December 31, 2021
GrossGrossEstimated
AmortizedUnrealizedUnrealizedFair
CostGainsLossesValue
(in thousands)
Cash equivalents:
Money market funds$188,734 $— $— $188,734 
Certificates of deposit400 — — 400 
Short-term investments:
U.S. treasury notes50,472 — (31)50,441 
Total$239,606 $— $(31)$239,575 

December 31, 2020
GrossGrossEstimated
AmortizedUnrealizedUnrealizedFair
CostGainsLossesValue
(in thousands)
Cash equivalents:
Money market funds$281,783 $— $— $281,783 
Total$281,783 $— $— $281,783