MARKETABLE SECURITIES

3 Months Ended

Mar. 31, 2022

MARKETABLE SECURITIES

MARKETABLE SECURITIES

4. Marketable Securities

The following table summarizes the Company’s marketable securities as of March 31, 2022 (in thousands). The Company did not hold any marketable securities as of December 31, 2021.

	As of March 31, 2022
	Amortized		Unrealized		Unrealized		Fair
	Cost		gains		losses		value
Marketable Securities:
Asset-backed securities	$	9,676	$	—	$	(43)	$	9,633
Corporate debt securities		20,819		—		(155)		20,664
Commercial paper		25,104		—		—		25,104
U.S. Government debt securities		23,659		2		(8)		23,653
Total	$	79,258	$	2	$	(206)	$	79,054