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Short-Term Investments (Tables)
6 Months Ended
Dec. 31, 2019
Investments Debt And Equity Securities [Abstract]  
Schedule of Short-Term Investments

Short-term investments consisted of the following as of the dates presented (in thousands):

 

 

 

December 31, 2019

 

 

 

Amortized

cost

 

 

Gross

unrealized

gains

 

 

Gross

unrealized

losses

 

 

Fair value

 

U.S. treasury securities

 

$

42,648

 

 

$

38

 

 

$

 

 

$

42,686

 

Corporate bonds

 

 

17,378

 

 

 

7

 

 

 

(3

)

 

 

17,382

 

Asset-backed securities

 

 

8,069

 

 

 

1

 

 

 

(3

)

 

 

8,067

 

 

 

$

68,095

 

 

$

46

 

 

$

(6

)

 

$

68,135

 

 

 

 

 

 

June 30, 2019

 

 

 

 

 

Amortized

cost

 

 

Gross

unrealized

gains

 

 

Fair value

 

U.S. treasury securities

 

 

 

$

64,683

 

 

$

75

 

 

$

64,758

 

Corporate bonds

 

 

 

 

4,787

 

 

 

 

 

 

4,787

 

Asset-backed securities

 

 

 

 

2,424

 

 

 

 

 

 

2,424

 

 

 

 

 

$

71,894

 

 

$

75

 

 

$

71,969

 

 

Schedule of Gross Unrealized Loss and Fair Values

The following table presents gross unrealized losses and fair values for those investments that were in an unrealized loss position as of December 31, 2019 (in thousands):

 

 

 

December 31, 2019

 

 

 

Fair value

 

 

Unrealized

Losses

 

Corporate bonds

 

$

4,498

 

 

$

(3

)

Asset-backed securities

 

 

3,951

 

 

 

(3

)

Total

 

$

8,449

 

 

$

(6

)

 

The following tables present gross unrealized losses and fair values for those investments that were in an unrealized loss position as of the dates presented (in thousands):

 

 

 

December 31, 2019

 

 

 

Fair value

 

 

Unrealized

losses

 

Corporate bonds

 

$

94,472

 

 

$

(27

)

Certificates of deposit

 

 

13,025

 

 

 

(2

)

U.S. treasury securities

 

 

15,185

 

 

 

(1

)

Total

 

$

122,682

 

 

$

(30

)

 

 

 

June 30, 2019

 

 

 

Fair value

 

 

Unrealized

losses

 

Corporate bonds

 

$

46,065

 

 

$

(12

)

Certificates of deposit

 

 

12,027

 

 

 

(1

)

Total

 

$

58,092

 

 

$

(13

)