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Short-Term Investments (Tables)
12 Months Ended
Dec. 31, 2020
Investments Disclosure [Abstract]  
Summary of Short Term Investments

The following table summarizes the Company’s short-term investments as of December 31, 2019:

 

As of December 31, 2019

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

 

 

(in thousands)

 

Asset-backed securities

 

$

14,866

 

 

$

10

 

 

$

 

 

$

14,876

 

Commercial paper

 

 

41,259

 

 

 

 

 

 

 

 

 

41,259

 

U.S. Treasury securities

 

 

59,926

 

 

 

45

 

 

 

 

 

 

59,971

 

Corporate debt securities

 

 

92,380

 

 

 

128

 

 

 

 

 

 

92,508

 

      Total short-term investments

 

$

208,431

 

 

$

183

 

 

$

 

 

$

208,614