Investments (Tables)

9 Months Ended

Sep. 30, 2022

Investments

Summary of Cash Equivalents and Investments Measured at Fair Value on Recurring Basis

The following table summarizes, by major types of cash equivalents, and investments that are measured at fair value on a recurring basis (in thousands):

	September 30, 2022
	Amortized		Unrealized		Unrealized		Estimated
	Cost		Gains		Losses		Fair Value
Money market funds	$	7,874	$	—	$	—	$	7,874
Commercial paper		44,823		1		(50)		44,774
U.S. government securities		20,259		—		(179)		20,080
U.S. agency bonds		16,228		2		(63)		16,167
Corporate debt securities		1,005		—		(13)		992
Cash equivalents and investments	$	90,189	$	3	$	(305)	$	89,887

	December 31, 2021
	Amortized		Unrealized		Unrealized		Estimated
	Cost		Gains		Losses		Fair Value
Money market funds	$	10,585	$	—	$	—	$	10,585
Commercial paper		84,642		2		(28)		84,616
U.S. government securities		27,870		—		(46)		27,824
U.S. agency bonds		8,546		—		(15)		8,531
Corporate debt securities		8,267		—		(2)		8,265
Cash equivalents and investments	$	139,910	$	2	$	(91)	$	139,821

Schedule of Contractual Maturities of AFS Securities

The contractual maturities of the Company’s AFS securities were as follows (in thousands):

	September 30, 2022		December 31, 2021
Due within one year	$	50,133	$	105,173
Due within one to two years		741		10,265
Total	$	50,874	$	115,438