Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS

v3.22.2.2
INVESTMENTS
9 Months Ended
Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
INVESTMENTS

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