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Investments (Tables)
6 Months Ended
Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities
Short-term investments as of June 30, 2022, consist of the following (in thousands):
 
Adjusted
Cost
Unrealized
Losses
Fair
Value
Corporate bonds$121,675 $(248)$121,427 
Government bonds4,985 (30)4,955 
Asset-backed bonds13,612 (50)13,562 
Total short-term investments$140,272 $(328)$139,944 
 
Short-term investments as of December 31, 2021, consist of the following (in thousands):

Adjusted
Cost
Unrealized
Losses
Fair
Value
Corporate bonds$146,032 $(30)$146,002 
Asset-backed bonds29,507 (19)29,488 
Total short-term investments$175,539 $(49)$175,490