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Short-Term Investments
6 Months Ended
Jun. 30, 2021
Investments Debt And Equity Securities [Abstract]  
Short-Term Investments

3. Short-Term Investments

The following tables summarize the amortized cost and estimated fair value of the Company’s marketable securities, which are considered to be available-for-sale investments and were included in short-term investments on the condensed consolidated balance sheets:

 

 

 

June 30, 2021

 

(in thousands)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

U.S. government treasury securities

 

$

87,887

 

 

$

3

 

 

$

-

 

 

$

87,890

 

Totals

 

$

87,887

 

 

$

3

 

 

$

-

 

 

$

87,890

 

 

 

 

December 31, 2020

 

(in thousands)

 

Amortized
Cost

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

U.S. government treasury securities

 

$

233,687

 

 

$

-

 

 

$

(24

)

 

$

233,663

 

Totals

 

$

233,687

 

 

$

-

 

 

$

(24

)

 

$

233,663

 

 

Certain short-term debt securities with original maturities of less than 90 days are included in cash and cash equivalents on the condensed consolidated balance sheets and are not included in the tables above. At June 30, 2021 and December 31, 2020, all investments had contractual maturities within one year.