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Short-Term Investments (Tables)
6 Months Ended
Jun. 30, 2021
Short Term Investments [Abstract]  
Summary of Short-Term Investments

The following tables summarize short-term investments (in thousands):

 

 

 

As of June 30, 2021

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Estimated Fair Value

 

Commercial paper

 

$

33,877

 

 

$

5

 

 

$

 

 

$

33,882

 

Corporate debt securities

 

 

6,683

 

 

 

 

 

 

(1

)

 

 

6,682

 

U.S. government and agency securities

 

 

17,099

 

 

 

3

 

 

 

 

 

 

17,102

 

Total short-term investments

 

$

57,659

 

 

$

8

 

 

$

(1

)

 

$

57,666

 

 

 

 

As of December 31, 2020

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Estimated Fair Value

 

Commercial paper

 

$

27,136

 

 

$

 

 

$

 

 

$

27,136

 

Corporate debt securities

 

 

26,510

 

 

 

 

 

 

(4

)

 

 

26,506

 

U.S. government and agency securities

 

 

18,136

 

 

 

5

 

 

 

 

 

 

18,141

 

Total short-term investments

 

$

71,782

 

 

$

5

 

 

$

(4

)

 

$

71,783

 

Summary of Maturities of Short-Term Investments The following table summarizes the maturities of the Company’s short-term investments at June 30, 2021:

 

 

Amortized Cost

 

 

Estimated Fair Value

 

Due in one year or less

 

$

55,363

 

 

$

55,369

 

Due after one year through two years

 

 

2,296

 

 

 

2,297

 

Total short-term investments

 

$

57,659

 

 

$

57,666