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Short-Term Investments (Tables)
3 Months Ended
Mar. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Summary of Estimated Fair Value of Short-Term Investments The following represents a summary of the estimated fair value of short-term investments as of March 31, 2020 and December 31, 2019 (in thousands):
At March 31, 2020
Maturity
(in years)
 
Amortized
Cost
 
Gross Unrealized
Gain
 
Gross Unrealized
Loss
 
Estimated
Fair Value
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
Commercial paper
Less than 1
 
$
17,352

 
$
11

 
$

 
$
17,363

U.S. Government-sponsored enterprise
Less than 2
 
20,255

 
63

 

 
20,318

U.S. Treasury securities
Less than 1
 
12,721

 
93

 

 
12,814

Corporate debt securities
Less than 2
 
35,251

 
39

 
(62
)
 
35,228

Total
 
 
$
85,579

 
$
206

 
$
(62
)
 
$
85,723

At December 31, 2019
Maturity
(in years)
 
Amortized
Cost
 
Gross Unrealized
Gain
 
Gross Unrealized
Loss
 
Estimated
Fair Value
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
Commercial paper
Less than 1
 
$
24,147

 
$
10

 
$

 
$
24,157

U.S. Government-sponsored enterprise
Less than 2
 
33,073

 
26

 

 
33,099

U.S. Treasury securities
Less than 2
 
17,963

 
17

 
(1
)
 
17,979

Corporate debt securities
Less than 2
 
50,011

 
42

 
(5
)
 
50,048

Total
 
 
$
125,194

 
$
95

 
$
(6
)
 
$
125,283