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Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost Gross Unrealized Holding Gains or Losses and Fair Value of Marketable Securities

All marketable securities were considered available-for-sale as of June 30, 2022. The amortized cost, gross unrealized holding gains or losses, and fair value of the Company’s marketable securities by major security type are summarized in the table below (in thousands):

 

 

June 30, 2022

 

 

 

Amortized
Cost Basis

 

 

Unrealized
Gains

 

 

Unrealized
Losses

 

 

Fair
Value

 

Available-for-sale securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasuries classified as marketable securities

 

$

254,129

 

 

$

 

 

$

(1,020

)

 

$

253,109

 

Total available-for-sale securities

 

$

254,129

 

 

$

 

 

$

(1,020

)

 

$

253,109