|
4. INVESTMENTS
The following table summarizes the Company’s investments as of September 30, 2022 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Gross
Unrealized
Gain |
|
|
Gross
Unrealized
Losses |
|
|
Fair Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Debt Securities: |
|
|
|
|
|
|
|
|
|
|
|
|
Commercial paper |
|
$ |
17,405 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
17,405 |
|
Corporate debt securities |
|
|
36,588 |
|
|
|
— |
|
|
|
(207 |
) |
|
|
36,381 |
|
Total |
|
$ |
53,993 |
|
|
$ |
— |
|
|
$ |
(207 |
) |
|
$ |
53,786 |
|
The following table summarizes the amortized cost and fair value of the Company’s available-for-sale marketable securities by contractual maturity as of September 30, 2022 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
Amortized Cost |
|
|
Fair Value |
|
|
|
|
|
|
|
|
Maturing in one year or less |
|
$ |
53,993 |
|
|
$ |
53,786 |
|
Maturing after one year but less than three years |
|
|
— |
|
|
|
— |
|
|
|
$ |
53,993 |
|
|
$ |
53,786 |
|
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 (Matured 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 |
|
|
$ |
44,848 |
|
Maturing after one year but less than three years |
|
|
11,092 |
|
|
|
11,041 |
|
|
|
$ |
55,951 |
|
|
$ |
55,889 |
|
|