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Cash Equivalents and Investments (Tables)
6 Months Ended
Jun. 30, 2022
Investments Debt And Equity Securities [Abstract]  
Summary of Amortized Cost, Unrealized Gains, and Losses, and Fair Value

The following table is a summary of amortized cost, gross unrealized gains and losses, and fair value (in thousands):

 

 

 

 

June 30, 2022

 

 

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

Money market funds

 

$

44,320

 

 

$

 

 

$

 

 

$

44,320

 

 

Total cash equivalents

 

 

44,320

 

 

 

 

 

 

 

 

 

44,320

 

Corporate bonds

 

 

14,662

 

 

 

 

 

 

(191

)

 

 

14,471

 

U.S. treasury securities

 

 

32,080

 

 

 

 

 

 

(466

)

 

 

31,614

 

 

Total short-term investments

 

 

46,742

 

 

 

 

 

 

(657

)

 

 

46,085

 

U.S. treasury securities

 

 

5,994

 

 

 

 

 

 

(189

)

 

 

5,805

 

 

Total long-term investments

 

 

5,994

 

 

 

 

 

 

(189

)

 

 

5,805

 

Total cash equivalents and investments

 

$

97,056

 

 

$

 

 

$

(845

)

*

$

96,210

 

 

*Total Gross Unrealized Losses in the table above does not recalculate due to rounding.

 

 

 

December 31, 2021

 

 

 

 

Amortized Cost

 

 

Gross Unrealized Gains

 

 

Gross Unrealized Losses

 

 

Fair Value

 

Money market funds

 

$

38,067

 

 

$

 

 

$

 

 

$

38,067

 

 

Total cash equivalents

 

 

38,067

 

 

 

 

 

 

 

 

 

38,067

 

Commercial paper

 

 

33,973

 

 

 

 

 

 

 

 

 

33,973

 

Corporate bonds

 

 

6,285

 

 

 

 

 

 

(23

)

 

 

6,262

 

U.S. treasury securities

 

 

5,999

 

 

 

 

 

 

(13

)

 

 

5,986

 

 

Total short-term investments

 

 

46,257

 

 

 

 

 

 

(36

)

 

 

46,221

 

Corporate bonds

 

 

8,470

 

 

 

 

 

 

(34

)

 

 

8,436

 

U.S. treasury securities

 

 

24,137

 

 

 

 

 

 

(114

)

 

 

24,023

 

 

Total long-term investments

 

 

32,607

 

 

 

 

 

 

(148

)

 

 

32,459

 

Total cash equivalents and investments

 

$

116,931

 

 

$

 

 

$

(184

)

 

$

116,747