Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

v3.22.1
INVESTMENTS (Tables)
3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
SUMMARY OF MARKETABLE SECURITIES

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 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

 

SCHEDULE OF AVAILABLE FOR SALE DEBT SECURITIES BY CONTRACTUAL MATURITY

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 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