CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2022

CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

Schedule of cash equivalents and short-term investments

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

	June 30, 2022
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Money market funds	$	89,044	$	—	$	—	$	89,044
Commercial paper		4,986		—		—		4,986
Total cash equivalents		94,030		—		—		94,030
Commercial paper		74,021		—		—		74,021
Corporate bonds		26,976		5		(31)		26,950
U.S. Treasury securities		34,809		—		(38)		34,771
Government bonds		9,708		4		(19)		9,693
Total short-term investments		145,514		9		(88)		145,435
Total cash equivalents and short-term investments	$	239,544	$	9	$	(88)	$	239,465

	December 31, 2021
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Money market funds	$	46,521	$	—	$	—	$	46,521
Total cash equivalents		46,521		—		—		46,521
Commercial paper		70,401		—		—		70,401
Corporate bonds		65,645		—		(28)		65,617
Government bonds		36,487		—		(11)		36,476
Asset-backed securities		24,665		—		(10)		24,655
Total short-term investments		197,198		—		(49)		197,149
Total cash equivalents and short-term investments	$	243,719	$	—	$	(49)	$	243,670