Annual report pursuant to Section 13 and 15(d)

Cash Equivalents and Short-Term Investments (Tables)

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Cash Equivalents and Short-Term Investments (Tables)
12 Months Ended
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract]  
Summary of Short-Term Investments
The amortized cost, unrealized loss and estimated fair value of the Company’s cash equivalents and short-term investments as of December 31, 2021 were as follows (in thousands):
December 31, 2021
Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value
Cash Equivalents:
Money market funds $ 98,333  $ —  $ —  $ 98,333 
Total cash equivalents 98,333  —  —  98,333 
Short-term investments
Commercial paper 78,448  —  —  $ 78,448 
U.S. treasury bonds 26,292  —  (152) 26,140 
Asset-backed securities 51,586  —  (158) 51,428 
Corporate debt securities 85,085  —  (281) 84,804 
Short-term investments 241,411  —  (591) 240,820 
Total $ 339,744  $ —  $ (591) $ 339,153 
Schedule of Cash Equivalents
The amortized cost, unrealized loss and estimated fair value of the Company’s cash equivalents and short-term investments as of December 31, 2021 were as follows (in thousands):
December 31, 2021
Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value
Cash Equivalents:
Money market funds $ 98,333  $ —  $ —  $ 98,333 
Total cash equivalents 98,333  —  —  98,333 
Short-term investments
Commercial paper 78,448  —  —  $ 78,448 
U.S. treasury bonds 26,292  —  (152) 26,140 
Asset-backed securities 51,586  —  (158) 51,428 
Corporate debt securities 85,085  —  (281) 84,804 
Short-term investments 241,411  —  (591) 240,820 
Total $ 339,744  $ —  $ (591) $ 339,153 
Summary of Contractual Maturities
The following table presents the contractual maturities of the Company’s short-term investments as of December 31, 2021 (in thousands):
December 31, 2021
Amortized Cost Estimated Fair Value
Due within one year $ 142,868  $ 142,786 
Due between one to five years 98,543  98,034 
Total $ 241,411  $ 240,820