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Marketable Debt Securities (Tables)
12 Months Ended
Dec. 31, 2020
Investments Debt And Equity Securities [Abstract]  
Schedule of 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

 

 

 

 

December 31, 2019

 

 

 

Amortized

Cost

 

 

Unrealized

Losses

 

 

Unrealized

Gains

 

 

Fair

Value

 

Asset-backed securities

 

$

19,589

 

 

$

(1

)

 

$

10

 

 

$

19,598

 

Corporate debt securities

 

 

19,387

 

 

 

(3

)

 

 

9

 

 

 

19,393

 

Commercial paper

 

 

17,882

 

 

 

 

 

 

11

 

 

 

17,893

 

U.S. Government agency bonds

 

 

5,500

 

 

 

(3

)

 

 

 

 

 

5,497

 

Total

 

$

62,358

 

 

$

(7

)

 

$

30

 

 

$

62,381

 

 

Schedule of Company’s Marketable Debt Securities by Contractual Maturity

The following table summarizes the Company’s marketable debt securities by contractual maturity (in thousands):

 

 

 

December 31, 2020

 

 

 

Amortized

Cost

 

 

Fair

Value

 

Within one year

 

$

10,260

 

 

$

10,284

 

After one year through five years

 

 

 

 

 

 

After five years

 

 

 

 

 

 

Total

 

$

10,260

 

 

$

10,284

 

Summary of Classification of Marketable Debt Securities in Consolidated Balance Sheets

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

 

 

 

December 31

 

 

 

2020

 

 

2019

 

Short-term marketable debt securities

 

$

10,284

 

 

$

51,793

 

Long-term marketable debt securities

 

 

 

 

 

10,588

 

Total

 

$

10,284

 

 

$

62,381