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Investments (Tables)
6 Months Ended
Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of Available-for-Sale Classified Investments

A summary of the Company’s available-for-sale classified investments as of December 31, 2021 and June 30, 2022 consisted of the following (in thousands):

 

 

 

At December 31, 2021

 

Investments - Current:

 

Cost Basis

 

 

Accumulated Unrealized Gains

 

 

Accumulated Unrealized Losses

 

 

Fair Value

 

Corporate debt securities

 

$

1,011

 

 

$

-

 

 

$

(1

)

 

$

1,010

 

Total

 

$

1,011

 

 

$

-

 

 

$

(1

)

 

$

1,010

 

 

 

 

 

At June 30, 2022

 

Investments - Current:

 

Cost Basis

 

 

Accumulated Unrealized Gains

 

 

Accumulated Unrealized Losses

 

 

Fair Value

 

United States Treasury securities

 

$

9,992

 

 

$

-

 

 

$

(6

)

 

$

9,986

 

Corporate debt securities

 

 

1,801

 

 

 

-

 

 

 

(1

)

 

 

1,800

 

Commercial paper

 

 

2,887

 

 

 

-

 

 

 

-

 

 

 

2,887

 

Total

 

$

14,680

 

 

$

-

 

 

$

(7

)

 

$

14,673

 

Summary of Amortized Cost and Fair Value of Available-for-Sale Investments by Contract Maturity

The amortized cost and fair value of the Company’s available-for-sale investments, by contract maturity, as of June 30, 2022 consisted of the following (in thousands):

 

 

Amortized Cost

 

 

Fair Value

 

Due in one year or less

 

$

14,680

 

 

$

14,673

 

Total

 

$

14,680

 

 

$

14,673