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Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2020
Investments Disclosure [Abstract]  
Summary of Investments Included in Cash Equivalents and Short Term Investments

The following table summarizes the Company’s investments, which are included in cash equivalents and short-term investments:

 

As of September 30, 2020

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Money market mutual funds

 

$

177,753

 

 

$

 

 

$

 

 

$

177,753

 

Total

 

$

177,753

 

 

$

 

 

$

 

 

$

177,753

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2019

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Repurchase agreements

 

$

14,000

 

 

$

 

 

$

 

 

$

14,000

 

Asset-backed securities

 

 

14,866

 

 

 

10

 

 

 

 

 

 

14,876

 

Money market mutual funds

 

 

39,524

 

 

 

 

 

 

 

 

 

39,524

 

Commercial paper

 

 

41,259

 

 

 

 

 

 

 

 

 

41,259

 

U.S. Treasury securities

 

 

59,926

 

 

 

45

 

 

 

 

 

 

59,971

 

Corporate debt securities

 

 

92,380

 

 

 

128

 

 

 

 

 

 

92,508

 

Total

 

$

261,955

 

 

$

183

 

 

$

 

 

$

262,138