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Marketable Debt Securities
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Marketable Debt Securities

5. Marketable Debt Securities

The following tables summarize the Company’s marketable debt securities (in thousands):

 

 

 

December 31, 2020

 

 

 

Amortized
Cost

 

 

Unrealized
Losses

 

 

Unrealized
Gains

 

 

Fair
Value

 

Asset-backed securities

 

$

7,507

 

 

$

 

 

$

15

 

 

$

7,522

 

Corporate debt securities

 

 

1,754

 

 

 

 

 

 

8

 

 

 

1,762

 

Commercial paper

 

 

999

 

 

 

 

 

 

1

 

 

 

1,000

 

Total

 

$

10,260

 

 

$

 

 

$

24

 

 

$

10,284

 

 

The following table summarizes the classification of the Company’s marketable debt securities in the consolidated balance sheets (in thousands):

 

 

 

December 31,

 

 

 

2021

 

 

2020

 

Short-term marketable debt securities

 

$

 

 

$

10,284

 

Long-term marketable debt securities

 

 

 

 

 

 

Total

 

$

 

 

$

10,284