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

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

 

 

 

As of September 30, 2021

 

 

 

 

 

 

 

Unrealized

 

 

 

 

 

 

 

Amortized Cost

 

 

Gains

 

 

Losses

 

 

Estimated Fair Value

 

Commercial paper

 

$

27,985

 

 

$

3

 

 

$

(1

)

 

$

27,987

 

Corporate debt securities

 

 

1,405

 

 

 

 

 

 

(1

)

 

 

1,404

 

U.S. government and agency securities

 

 

15,307

 

 

 

2

 

 

 

(1

)

 

 

15,308

 

Total short-term investments

 

$

44,697

 

 

$

5

 

 

$

(3

)

 

$

44,699

 

 

 

 

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 September 30, 2021 (in thousands):

 

 

Amortized Cost

 

 

Estimated Fair Value

 

Due in one year or less

 

$

44,697

 

 

$

44,699

 

Total short-term investments

 

$

44,697

 

 

$

44,699