Quarterly report pursuant to Section 13 or 15(d)

AVAILABLE-FOR-SALE INVESTMENTS (Tables)

v3.22.2
AVAILABLE-FOR-SALE INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2022
Investments, Debt and Equity Securities [Abstract]  
Schedule of Available-for-sale Investments by Major Security Type
The following table represents the Company’s available-for-sale investments by major security type as of June 30, 2022 and December 31, 2021 (in thousands):
June 30, 2022
Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Total Fair Value
Commercial Paper $ 121,659  $ $ (294) $ 121,368 
Corporate Bonds 99,877  —  (662) 99,215 
Municipal Bonds 10,832  —  (84) 10,748 
Total $ 232,368  $ $ (1,040) $ 231,331 
December 31, 2021
Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Total Fair Value
Commercial Paper $ 76,961  $ —  $ (31) $ 76,930 
Corporate Bonds 84,771  —  (183) 84,588 
Municipal Bonds 5,870  —  (23) 5,847 
Total $ 167,602  $ —  $ (237) $ 167,365 
Schedule of Fair Value and Amortized Cost Bases of Available-for-sale Investments by Maturity Date
The following table summarizes the fair value and amortized cost bases of the Company’s available-for-sale investments by contractual maturity of June 30, 2022 and December 31, 2021 (in thousands):
June 30, 2022 December 31, 2021
Amortized Cost Fair Value Amortized Cost Fair Value
Due within one year $ 220,376  $ 219,414  $ 117,164  $ 117,100 
Due after one year through five years 11,992  11,917  50,438  50,265 
Total $ 232,368  $ 231,331  $ 167,602  $ 167,365