Cash, cash equivalents and marketable securities

9 Months Ended

Sep. 30, 2022

Cash, cash equivalents and marketable securities

Cash, cash equivalents and marketable securities

4. Cash, cash equivalents and marketable securities

The following table provides details regarding the Company’s portfolio of cash and cash equivalents:

	Cost or
(in thousands)	Amortized cost		Unrealized gains		Unrealized losses		Fair value
September 30, 2022:
Cash accounts in banking institutions	$	25,453	$	-	$	-	$	25,453
Money market funds		15,721		-		-		15,721
Certificates of deposit		7,032		-		(2)		7,030
Corporate debt securities		554		-		(1)		553
Commercial paper		13,817		-		(6)		13,811
Total	$	62,576	$	-	$	(9)	$	62,568
December 31, 2021
Cash accounts in banking institutions	$	44,549	$	-	$	-	$	44,549
Money market funds		84,416		-		-		84,416
Total	$	128,965	$	-	$	-	$	128,965

The following table provides details regarding the Company’s portfolio of marketable securities:

(in thousands)	Amortized cost		Unrealized gains		Unrealized losses		Fair value
September 30, 2022:
Certificates of deposit	$	22,012	$	2	$	(96)	$	21,918
Commercial paper		49,451		1		(118)		49,334
Corporate debt securities		79,188		-		(1,198)		77,990
U.S. government securities		1,998		-		(50)		1,948
Total	$	152,649	$	3	$	(1,462)	$	151,190
December 31, 2021
Certificates of deposit	$	5,296	$	-	$	-	$	5,296
Commercial paper		26,503		4		(4)		26,503
Corporate debt securities		145,577		10		(418)		145,169
U.S. government securities		1,996		-		(8)		1,988
Non-U.S. government securities		7,849		4		(1)		7,852
Total	$	187,221	$	18	$	(431)	$	186,808