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Short-Term Investments (Tables)
3 Months Ended
Mar. 31, 2021
Investments Debt And Equity Securities [Abstract]  
Summary of Amortized Cost and Estimated Fair Value of Marketable Securities

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:

 

 

 

March 31, 2021

 

(in thousands)

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair

Value

 

U.S. government treasury securities

 

 

168,329

 

 

 

18

 

 

 

 

 

 

168,347

 

Totals

 

$

168,329

 

 

$

18

 

 

$

 

 

$

168,347

 

 

 

 

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

 

 

$

0

 

 

$

(24

)

 

$

233,663