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Investments (Tables)
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Summary of Short-term Investments
Investments as of December 31, 2021 consisted of the following:
 Cost BasisUnrealized
Gains
(Losses)
Fair Value
Corporate bonds $96,408$(563)$95,845
Government and agency obligations32,953(263)32,690
Commercial paper 22,97822,978
Asset-backed securities28,322(61)28,261
Total $180,661$(887)$179,774
Investments as of December 31, 2020 consisted of the following:
Cost BasisUnrealized
Gains
(Losses)
Fair Value
Corporate bonds $73,702$28$73,730
Government and agency obligations45,3851445,399
Commercial paper 76,91476,914
Asset-backed securities20,3971220,409
Total $216,398$54$216,452