Quarterly report pursuant to Section 13 or 15(d)

Marketable securities - available-for-sale debt securities (Tables)

v3.22.2.2
Marketable securities - available-for-sale debt securities (Tables)
9 Months Ended
Sep. 30, 2022
Marketable securities - available-for-sale debt securities  
Schedule of marketable securities

As of September 30, 2022, the Company has the following investments in marketable securities (in thousands):

Gross

Gross

Aggregate

Remaining

Amortized

unrealized

unrealized

estimated

    

contractual maturity

    

cost

    

gains

    

losses

    

fair value

Available-for-sale debt securities:

 

  

 

  

 

  

 

  

 

  

Corporate debt securities

 

Less than 3 months

$

12,410

$

$

(43)

$

12,367

U.S. Treasury securities

Less than 3 months

18,117

(51)

18,066

Agency bonds

3 months to 1 year

5,000

(168)

4,832

Corporate debt securities

3 months to 1 year

84,319

(1,277)

83,042

Corporate debt securities

1 year to 2 years

2,447

(85)

2,362

 

  

$

122,293

$

$

(1,624)

$

120,669

Schedule of aggregate fair value and number of securities held by the Company in an unrealized loss position

The aggregate fair value (in thousands) and number of securities held by the Company (including those classified as cash equivalents) in an unrealized loss position as of September 30, 2022 and December 31, 2021 are as follows:

September 30, 2022

December 31, 2021

     

Fair market value of investments in an unrealized loss position

Number of investments in an unrealized loss position

Unrealized losses

Fair market value of investments in an unrealized loss position

Number of investments in an unrealized loss position

Unrealized losses

Marketable securities in a continuous loss position for 12 months or longer:

Corporate debt securities

$

34,519

6

$

(393)

$

8,232

1

(35)

Marketable securities in a continuous loss position for less than 12 months:

Corporate debt securities

 

$

63,252

 

14

$

(1,012)

 

$

163,258

 

34

 

$

(348)

U.S. Treasury securities

 

18,066

 

3

 

(51)

 

 

 

Agency bond

4,832

1

(168)

4,993

1

(7)

 

$

120,669

 

24

$

(1,624)

 

$

176,483

 

36

 

$

(390)