Available-for-Sale Securities (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Summary of Available-for-Sale Securities

The following table is a summary of available-for-sale securities recorded in cash and cash equivalents, restricted cash, or marketable securities in our interim condensed consolidated balance sheets (in thousands):

	June 30, 2022
	Amortized		Unrealized		Unrealized			Estimated Fair
	Cost		Gains		(Losses)			Value
Financial Assets:
Money market funds	$	224,325	$	—	$	—		$	224,325
Corporate debt securities		64,089		2		(729	)		63,362
U.S. government agency securities		49,891		4		(771	)		49,124
Certificates of deposits		1,959		—		(17	)		1,942
U.S. government securities		194,572		39		(2,126	)		192,485
U.S. treasury bills		101,202		—		(246	)		100,956
Total	$	636,038	$	45	$	(3,889	)	$	632,194
	December 31, 2021
	Amortized		Unrealized		Unrealized			Estimated Fair
	Cost		Gains		(Losses)			Value
Financial Assets:
Money market funds	$	671,845	$	—	$	—		$	671,845
Corporate debt securities		10,037		—		(31	)		10,006
U.S. government agency securities		4,862		—		(19	)		4,843
Certificates of deposits		245		—		(1	)		244
U.S. government securities		35,133		—		(169	)		34,964
Total	$	722,122	$	—	$	(220	)	$	721,902

Summary of Classification of Available-for-Sale Securities on Consolidated Balance Sheets

The following table summarizes the classification of the available-for-sale securities on our interim condensed consolidated balance sheets (in thousands):

	June 30, 2022		December 31, 2021
Cash and cash equivalents	$	229,325	$	671,845
Short-term marketable securities		256,006		—
Long-term marketable securities		146,863		50,057
Total	$	632,194	$	721,902