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Marketable Securities
6 Months Ended
Jun. 30, 2022
Investments Debt And Equity Securities [Abstract]  
MARKETABLE SECURITIES

3. MARKETABLE SECURITIES

Marketable securities consist of the following as of June 30, 2022 (in thousands):

 

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

 

Commercial paper

 

$

31,288

 

 

$

-

 

 

$

(41

)

 

$

31,247

 

Corporate bonds

 

 

76,739

 

 

 

-

 

 

 

(850

)

 

$

75,889

 

U.S. Government agencies

 

 

7,000

 

 

 

-

 

 

 

(321

)

 

$

6,679

 

Total

 

$

115,027

 

 

$

-

 

 

$

(1,212

)

 

$

113,815

 

 

 

As of June 30, 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 $51.1 million that had maturities of one to three years.

As of June 30, 2022, $255 thousand and $957 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 six months ended June 30, 2022.