Quarterly report pursuant to Section 13 or 15(d)

MARKETABLE SECURITIES

v3.21.2
MARKETABLE SECURITIES
 6 Months Ended
Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
MARKETABLE SECURITIES

4. MARKETABLE SECURITIES

 

The following table summarizes the Company’s marketable securities as of June 30, 2021 (in thousands ):

 

    Amortized Cost     Gross Unrealized Gain     Gross Unrealized Losses     Fair Value  
                         
Commercial paper   $ 25,571     $ -     $ -     $ 25,571  
Corporate debt securities     33,368       6       (10 )     33,364  
Asset Backed Securities “ABS”     11,438       1       (2 )     11,437  
Total   $ 70,377     $ 7     $ (12 )   $ 70,372  

 

The following table summarizes the amortized cost and fair value of the Company’s available-for-sale debt securities by contractual maturity as of June 30, 2021 (in thousands):

    Amortized Cost     Fair Value  
             
Maturing in one year or less   $ 59,157     $ 59,162  
Maturing after one year but less than three years     11,220       11,210  
    $ 70,377     $ 70,372  

 

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