Marketable Securities

12 Months Ended

Dec. 31, 2020

Investments Debt And Equity Securities [Abstract]

Marketable Securities

3. Marketable Securities

The Company’s marketable securities, which consist of highly liquid, investment grade debt securities, are classified as available-for-sale and are stated at fair value. As of December 31, 2020, marketable securities consisted of the following (in thousands):

As of December 31, 2020	Maturity (in years)	Amortized Cost		Unrealized Gains		Unrealized Losses			Estimated Fair Value
Corporate debt securities	1 or less	$	3,612	$	—	$	(2	)	$	3,610
Corporate debt securities	1 - 2		3,072		—		(3	)		3,069
Total		$	6,684	$	—	$	(5	)	$	6,679

As of December 31, 2019, the Company had no investments in marketable securities.