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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of Available-for-Sale Securities Held

The following table summarizes the available-for-sale securities held at March 31, 2022 (in thousands):

 

Description

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Commercial paper

 

$

46,621

 

 

$

—

 

 

$

(30

)

 

$

46,591

 

U.S. government agency securities and U.S. Treasuries

 

 

75,877

 

 

 

—

 

 

 

(159

)

 

 

75,718

 

Total

 

$

122,498

 

 

$

—

 

 

$

(189

)

 

$

122,309

 

 

 

The following table summarizes the available-for-sale securities held at December 31, 2021 (in thousands):

 

Description

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair Value

 

Commercial paper

 

$

68,427

 

 

$

7

 

 

$

(3

)

 

$

68,431

 

U.S. government agency securities and U.S. Treasuries

 

 

10,025

 

 

 

—

 

 

 

(1

)

 

 

10,024

 

Total

 

$

78,452

 

 

$

7

 

 

$

(4

)

 

$

78,455