Short-Term Investments

12 Months Ended

Dec. 31, 2019

Investments Debt And Equity Securities [Abstract]

7. SHORT-TERM INVESTMENTS

The Company did not have any short-term investments as of December 31, 2019. The following is a summary of the Company’s short-term investments as of December 31, 2018 (in thousands):

	As of December 31, 2018
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss			Fair Value
Corporate bonds and commercial paper	$	37,168	$	—	$	(17	)	$	37,151
U.S. government securities		4,995		—		—		$	4,995
Total Short-Term Investments	$	42,163	$	—	$	(17	)	$	42,146

The following table summarizes the maturities of the Company’s short-term investments by contractual maturity (in thousands):

	As of December 31, 2018
	Amortized Cost		Fair Value
Less than 1 year	$	42,163	$	42,146
Due in 1-3 years		—		—
Total Short-Term Investments	$	42,163	$	42,146