Quarterly report pursuant to Section 13 or 15(d)

Cash Equivalents and Marketable Securities (Tables)

v3.22.2
Cash Equivalents and Marketable Securities (Tables)
6 Months Ended
Jun. 30, 2022
Cash and Cash Equivalents [Abstract]  
Schedule of Cash Equivalents and Marketable Securities

Cash equivalents and marketable securities consisted of the following:

 

 

 

June 30, 2022

 

 

 

Amortized
Cost Basis

 

 

Unrealized
Gains

 

 

Unrealized
(Losses)

 

 

Fair
Value

 

 

 

(in thousands)

 

Money market funds

 

$

61,187

 

 

$

-

 

 

$

-

 

 

$

61,187

 

Commercial paper

 

 

23,129

 

 

 

-

 

 

 

-

 

 

 

23,129

 

Corporate debt securities

 

 

32,443

 

 

 

-

 

 

 

(518

)

 

 

31,925

 

Asset-based securities

 

 

8,630

 

 

 

-

 

 

 

(47

)

 

 

8,583

 

U.S. government securities

 

 

37,462

 

 

 

-

 

 

 

(565

)

 

 

36,897

 

U.S. agency securities

 

 

4,992

 

 

 

-

 

 

 

(2

)

 

 

4,990

 

Supranational debt securities

 

 

16,191

 

 

 

-

 

 

 

(224

)

 

 

15,967

 

Total

 

 

184,034

 

 

 

-

 

 

 

(1,356

)

 

 

182,678

 

Less amounts classified as cash equivalents

 

 

(70,167

)

 

 

-

 

 

 

2

 

 

 

(70,165

)

Total marketable securities

 

$

113,867

 

 

$

-

 

 

$

(1,354

)

 

$

112,513

 

 

 

 

December 31, 2021

 

 

 

Amortized
Cost Basis

 

 

Unrealized
Gains

 

 

Unrealized
(Losses)

 

 

Fair
Value

 

 

 

(in thousands)

 

Money market funds

 

$

29,451

 

 

$

-

 

 

$

-

 

 

$

29,451

 

Commercial paper

 

 

22,580

 

 

 

-

 

 

 

-

 

 

 

22,580

 

Corporate debt securities

 

 

75,012

 

 

 

-

 

 

 

(151

)

 

 

74,861

 

Asset-based securities

 

 

32,975

 

 

 

-

 

 

 

(18

)

 

 

32,957

 

U.S. government securities

 

 

47,504

 

 

 

-

 

 

 

(84

)

 

 

47,420

 

Supranational debt securities

 

 

21,361

 

 

 

-

 

 

 

(61

)

 

 

21,300

 

Total

 

 

228,883

 

 

 

-

 

 

 

(314

)

 

 

228,569

 

Less amounts classified as cash equivalents

 

 

(29,451

)

 

 

-

 

 

 

-

 

 

 

(29,451

)

Total marketable securities

 

$

199,432

 

 

$

-

 

 

$

(314

)

 

$

199,118