Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.21.1
Marketable Securities
3 Months Ended
Mar. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Marketable Securities

 

4. Marketable Securities

 

The following table summarizes the Company’s marketable securities as of March 31, 2021 (in thousands ):

    Amortized Cost    

Gross Unrealized Gain

   

Gross Unrealized Losses

   

Fair Value

 
                         
Commercial paper   $ 22,366     $                   -     $                   -     $ 22,366  
Corporate debt securities     28,175       -       (28 )     28,147  
Asset Backed Securities “ABS”     6,887       -       (1 )     6,886  
    $ 57,428     $ -     $ (29 )   $ 57,399  

 

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale debt securities by contractual maturity as of March 31, 2021 (in thousands):

    Amortized Cost    

Fair Value

 
             
Maturing in one year or less   $ 34,441     $ 34,436  
Maturing after one year but less than three years     22,987     22,963  
    $ 57,428     $ 57,399  

 

As of December 31, 2020, there were no available-for-sale marketable debt securities.