| INVESTMENTS |
4. INVESTMENTS
The following table summarizes the Company’s investments as of March 31, 2022 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Gross
Unrealized
Gain |
|
|
Gross
Unrealized
Losses |
|
|
Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
Commercial paper |
|
$ |
3,200 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
3,200 |
|
Corporate debt securities |
|
|
10,993 |
|
|
|
— |
|
|
|
(163 |
) |
|
|
10,830 |
|
Asset backed securities |
|
|
5,071 |
|
|
|
— |
|
|
|
(6 |
) |
|
|
5,065 |
|
Other Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
Term deposits (Maturing 5/5/2022) |
|
|
10,000 |
|
|
|
— |
|
|
|
— |
|
|
|
10,000 |
|
Total |
|
$ |
29,264 |
|
|
$ |
— |
|
|
$ |
(169 |
) |
|
$ |
29,095 |
|
The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable securities by contractual maturity as of March 31, 2022 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Fair Value |
|
|
|
|
|
|
|
|
Maturing in one year or less |
|
$ |
14,598 |
|
|
$ |
14,478 |
|
Maturing after one year but less than three years |
|
|
4,666 |
|
|
|
4,617 |
|
|
|
$ |
19,264 |
|
|
$ |
19,095 |
|
The following table summarizes the Company’s investments as of December 31, 2021 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Gross
Unrealized
Gain |
|
|
Gross
Unrealized
Losses |
|
|
Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
Commercial paper |
|
$ |
12,794 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
12,794 |
|
Corporate debt securities |
|
|
32,922 |
|
|
|
— |
|
|
|
(58 |
) |
|
|
32,864 |
|
Asset backed securities |
|
|
10,235 |
|
|
|
— |
|
|
|
(4 |
) |
|
|
10,231 |
|
Other Investments: |
|
|
|
|
|
|
|
|
|
|
|
|
Term deposits (Maturing 2/20/2022 - 5/5/2022) |
|
|
16,752 |
|
|
|
— |
|
|
|
— |
|
|
|
16,752 |
|
Total |
|
$ |
72,703 |
|
|
$ |
— |
|
|
$ |
(62 |
) |
|
$ |
72,641 |
|
The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable securities by contractual maturity as of December 31, 2021 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Fair Value |
|
|
|
|
|
|
|
|
Maturing in one year or less |
|
$ |
44,859 |
|
|
$ |
44,847 |
|
Maturing after one year but less than three years |
|
|
11,092 |
|
|
|
11,041 |
|
|
|
$ |
55,951 |
|
|
$ |
55,888 |
|
|