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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2021
Investments Debt And Equity Securities [Abstract]  
Summary of Marketable Securities

The following table summarizes the Company’s marketable securities as of March 31, 2021 (in thousands):

 

 

 

Amortized

Cost Basis

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

US government

 

$

20,448

 

 

$

124

 

 

$

 

 

$

20,572

 

Corporate bonds

 

 

14,826

 

 

 

19

 

 

 

 

 

 

14,845

 

Money market funds(1)

 

 

30,413

 

 

 

 

 

 

 

 

 

30,413

 

Total marketable securities

 

$

65,687

 

 

$

143

 

 

$

 

 

$

65,830

 

 

(1)

Included within cash and cash equivalents on the condensed consolidated balance sheets.

Summary of Fair Values of Marketable Securities by Contractual Maturity The fair values of marketable securities by contractual maturity consist of the following (in thousands)

 

 

March 31, 2021

 

 

December 31, 2020

 

Maturities within one year

 

$

65,830

 

 

$

88,898

 

Maturities after one year through three years

 

 

 

 

 

1,893

 

Total marketable securities

 

$

65,830

 

 

$

90,791