v3.22.0.1
Investments and Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Summary Of Assets and Liabilities that are Measured at Fair Value on a Recurring and Nonrecurring Basis
The following table presents the Company’s assets and liabilities that are measured at fair value on a recurring basis and indicates the fair value hierarchy of the valuation (in thousands):
 
    
As of December 31, 2021
  
    
Total
     
Level 1
     
Level 2
     
Level 3
  
Assets:
                                    
 
 
Money market funds
   
 
$		 507,317       
 
$		 507,317       
 
$		 —       
 
$		 —     
 
Certificates of deposit
      51,892          —          51,892          —     
Marketable securities
      234,153          234,153          —          —     
    
 
 
     
 
 
     
 
 
     
 
 
  
         
Total
   
 
$		      793,362       
 
$		      741,470       
 
$		     51,892       
 
$		 —     
    
 
 
     
 
 
     
 
 
     
 
 
  
 
    
As of December 31, 2020
  
    
Total
     
Level 1
     
Level 2
     
Level 3
  
Assets:
                                    
Money market funds
   
 
$		 1,075,783       
 
$		 1,075,783       
 
$		 —       
 
$		 —    
 
Certificates of deposit
      74,097          —          74,097          —    
    
 
 
     
 
 
     
 
 
     
 
 
  
         
Total
   
 
$		     1,149,880       
 
$		     1,075,783       
 
$		     74,097       
 
$		 —    
    
 
 
     
 
 
     
 
 
     
 
 
  
Summary of Investments Under Investment Agreements
The following table presents the details of the investments purchased under such Investment Agreements during the year ended December 31, 2021 (in thousands):
 
Entity
 
(1)
   
Share Amount
     
Investment Amount
  
Celularity
                          2,000        $                     20,000  
Faraday Future
      2,500          25,000  
 
Astrocast
      1,520          5,000  
BlackSky
      800          8,000  
Lilium
      4,100          41,000  
Sarcos Robotics
      2,100          21,000  
Roivant Sciences
      3,000          30,000  
Babylon Health
      3,500          35,000  
Bird Global
      2,000          20,000  
Embark Trucks
      1,800          18,000  
Wejo
      3,500          35,000  
Pear Therapeutics
      1,000          10,000  
Boxed
      2,000          20,000  
Skydweller
 
(2)
      3,000          3,000  
Hyundai Oilbank
 
(2)
      676          20,000  
AdTheorent
      1,500          15,000  
    
 
 
     
 
 
  
Total
      34,996      $ 326,000  
    
 
 
     
 
 
  
 
(1)
 
Investments are in publicly-traded marketable securities, unless otherwise noted.
(2)
 
Investment in privately-held company.