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Cash, Cash Equivalents and Marketable Securities (Tables)
12 Months Ended
Dec. 31, 2021
Cash And Cash Equivalents [Abstract]  
Summary of Cash, Cash Equivalents and Marketable Securities

Cash, cash equivalents and marketable securities consisted of the following (in thousands):

 

 

 

December 31, 2021

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

44,499

 

 

$

 

 

$

 

 

$

44,499

 

Money market funds

 

 

117,023

 

 

 

 

 

 

 

 

 

117,023

 

Commercial paper

 

 

16,898

 

 

 

 

 

 

(1

)

 

 

16,897

 

Corporate debt securities

 

 

3,306

 

 

 

 

 

 

 

(1

)

 

 

3,305

 

Total cash and cash equivalents

 

$

181,726

 

 

$

 

 

$

(2

)

 

$

181,724

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

34,978

 

 

$

 

 

$

(10

)

 

$

34,968

 

U.S. government and agency securities

 

 

85,309

 

 

 

1

 

 

 

(88

)

 

 

85,222

 

Corporate debt securities

 

 

53,172

 

 

 

4

 

 

 

(38

)

 

 

53,138

 

Total marketable securities

 

$

173,459

 

 

$

5

 

 

$

(136

)

 

$

173,328

 

 

 

 

December 31, 2020

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

5,659

 

 

$

 

 

$

 

 

$

5,659

 

Money market funds

 

 

113,592

 

 

 

 

 

 

 

 

 

113,592

 

Certificate of deposit

 

 

157

 

 

 

 

 

 

 

 

 

157

 

Commercial paper

 

 

40,844

 

 

 

 

 

 

 

 

 

40,844

 

U.S. government and agency securities

 

 

27,498

 

 

 

 

 

 

 

 

 

27,498

 

Total cash and cash equivalents

 

$

187,750

 

 

$

 

 

$

 

 

$

187,750

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

$

35,089

 

 

$

 

 

$

 

 

$

35,089

 

U.S. government and agency securities

 

 

26,026

 

 

 

6

 

 

 

(3

)

 

 

26,029

 

Corporate debt securities

 

 

1,504

 

 

 

 

 

 

 

 

 

1,504

 

Total marketable securities

 

$

62,619

 

 

$

6

 

 

$

(3

)

 

$

62,622

 

 

Summary of Amortized Cost and Estimated Fair Value of Available-for-Sale Marketable Securities by Contractual Maturity

The amortized cost and estimated fair value of our available-for-sale marketable securities by contractual maturity are summarized below as of December 31, 2021 (in thousands):

 

 

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

 

Estimated

Fair Value

 

Mature in one year or less

 

$

105,184

 

 

$

1

 

 

$

(72

)

 

 

$

105,113

 

Mature after one year through two years

 

 

68,275

 

 

 

4

 

 

 

(64

)

 

 

 

68,215

 

Total available-for-sale marketable securities

 

$

173,459

 

 

$

5

 

 

$

(136

)

 

 

$

173,328