Registration of securities issued in business combination transactions

CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

v3.21.2
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS    
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

4. CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

June 30, 2021

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Money market funds

$

180,998

$

$

$

180,998

Total cash equivalents

180,998

180,998

Commercial paper

159,591

159,591

Corporate bonds

104,758

9

(12)

104,755

Government bonds

36,736

1

(9)

36,728

Asset-backed securities

25,246

1

(3)

25,244

Total short-term investments

326,331

11

(24)

326,318

Total cash equivalents and short-term investments

$

507,329

$

11

$

(24)

$

507,316

December 31, 2020

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Commercial paper

$

75,374

$

$

$

75,374

Money market funds

407,512

407,512

Total cash equivalents

482,886

482,886

U.S. Treasury securities

19,995

2

19,997

Commercial paper

43,911

43,911

Corporate bonds

47,970

(11)

47,959

Total short-term investments

111,876

2

(11)

111,867

Total cash equivalents and short-term investments

$

594,762

$

2

$

(11)

$

594,753

4. CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

December 31, 2020

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Commercial paper

$

75,374

$

$

$

75,374

Money market funds

407,512

407,512

Total cash equivalents

482,886

482,886

U.S Treasury securities

19,995

2

19,997

Commercial paper

43,911

43,911

Corporate bonds

47,970

(11)

47,959

Total short-term investments

111,876

2

(11)

111,867

Total cash equivalents and short-term investments

$

594,762

$

2

$

(11)

$

594,753

December 31, 2019

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Repurchase agreements

$

25,001

$

$

$

25,001

Money market funds

40,454

40,454

Total cash equivalents

65,455

65,455

Asset‑backed securities

16,786

20

16,806

Commercial paper

19,938

19,938

Corporate bonds

47,955

55

48,010

Total short-term investments

84,679

75

84,754

Total cash equivalents and short-term investments

$

150,134

$

75

$

$

150,209