Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS (Tables)

INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2022

Investments, Debt and Equity Securities [Abstract]

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