Investments (Tables)

6 Months Ended

Jun. 30, 2022

Investments, Debt and Equity Securities [Abstract]

Fair Value Amortized Cost and Unrealized Gain and Loss of Investments in Marketable Securities

The amortized cost, unrealized gain and loss, and fair value of the Company’s investments in marketable securities by major security type are as follows (in thousands):

	June 30, 2022
	Amortized Cost		Unrealized Gain		Unrealized Loss			Fair Value
Money market funds	$	16,286	$	—	$	—		$	16,286
US treasuries		75,912		—		(353	)		75,559
Government treasury and agency securities		6,049		—		(25	)		6,024
Corporate securities and commercial paper		185,075		—		(1,204	)		183,871
Total financial assets	$	283,322	$	—	$	(1,582	)	$	281,740

	December 31, 2021
	Amortized Cost		Unrealized Gain		Unrealized Loss			Fair Value
Money market funds	$	115,410	$	—	$	—		$	115,410
US treasuries		24,056		1		(4	)		24,053
Government treasury and agency securities		7,606		—		(6	)		7,600
Corporate securities and commercial paper		171,891		3		(52	)		171,842
Total financial assets	$	318,963	$	4	$	(62	)	$	318,905

Fair Value of Investments in Marketable Debt Securities

As of June 30, 2022, the fair value of the Company’s marketable debt securities, by maturity date, were as follows (in thousands):

	Amount
Due within one year	$	258,442
Due after one through five years		7,012
Total marketable securities	$	265,454