; ForgeRock, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cash Equivalents and Short-Term Investments (Tables)

v3.21.2
Cash Equivalents and Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2021 were as follows (in thousands):
September 30, 2021
Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value
Cash Equivalents:
Money market funds $ 169,315  $ —  $ —  $ 169,315 
Corporate debt securities —  —  —  — 
Total cash equivalents 169,315  —  —  169,315 
Short-term investments
Commercial paper 58,050  —  —  $ 58,050 
Asset-backed securities 30,279  (1) 30,287 
Corporate debt securities 66,081  18  —  66,099 
U.S. Government debt securities 26,438  —  (2) 26,436 
Short-term investments 180,848  27  (3) 180,872 
Total $ 350,163  $ 27  $ (3) $ 350,187 
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 September 30, 2021 were as follows (in thousands):
September 30, 2021
Amortized Cost Unrealized Gain Unrealized Loss Estimated Fair Value
Cash Equivalents:
Money market funds $ 169,315  $ —  $ —  $ 169,315 
Corporate debt securities —  —  —  — 
Total cash equivalents 169,315  —  —  169,315 
Short-term investments
Commercial paper 58,050  —  —  $ 58,050 
Asset-backed securities 30,279  (1) 30,287 
Corporate debt securities 66,081  18  —  66,099 
U.S. Government debt securities 26,438  —  (2) 26,436 
Short-term investments 180,848  27  (3) 180,872 
Total $ 350,163  $ 27  $ (3) $ 350,187 
Summary of Contractual Maturities
The following table presents the contractual maturities of the Company’s short-term investments as of September 30, 2021 (in thousands):
September 30, 2021
Amortized Cost Estimated Fair Value
Due within one year
$ 121,766  $ 121,776 
Due between one to five years
59,082  59,096 
Total $ 180,848  $ 180,872