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Marketable Securities
 3 Months Ended
Mar. 31, 2022
Investments Debt And Equity Securities [Abstract]  
MARKETABLE SECURITIES

3. MARKETABLE SECURITIES

Marketable securities consist of the following as of March 31, 2022 (in thousands):

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

Commercial paper

 

$

39,494

 

 

$

-

 

 

$

(30

)

 

$

39,464

 

Corporate bonds

 

 

81,908

 

 

$

3

 

 

$

(602

)

 

$

81,309

 

U.S. Government agencies

 

 

7,000

 

 

$

-

 

 

$

(270

)

 

$

6,730

 

Total

 

$

128,402

 

 

$

3

 

 

$

(902

)

 

$

127,503

 

 

As of March 31, 2022, all marketable securities held by the Company had remaining contractual maturities of one year or less, except for corporate bonds and U.S. government agencies securities with a fair value of $62.5 million that had maturities of one to three years.

As of March 31, 2022, $118 thousand and $781 thousand of unrealized losses were associated with marketable securities with contractual maturities of one year or less and more than one year, respectively.

There were no impairments of the Company’s assets measured and carried at fair value during the three months ended March 31, 2022.