Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Short-Term Investments (Tables)

v3.10.0.1
Cash, Cash Equivalents and Short-Term Investments (Tables)
 9 Months Ended
Sep. 30, 2018
Cash, Cash Equivalents and Short-Term Investments  
Schedule of cash, cash equivalents and short-term investments

Cash, cash equivalents and short-term investments consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

2018

    

2017

 

Cash

 

$

3,981

 

$

582

 

Money market funds

 

 

8,585

 

 

2,795

 

U.S. treasury bills

 

 

4,248

 

 

6,726

 

Government-sponsored enterprise securities

 

 

14,489

 

 

7,826

 

Corporate bonds and commercial paper

 

 

84,334

 

 

97,822

 

 

 

$

115,637

 

$

115,751

 

Reported as:

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

61,486

 

$

38,290

 

Short-term investments

 

 

54,151

 

 

77,461

 

 

 

$

115,637

 

$

115,751

 

 

Schedule of cash equivalents and short-term investments including the securities with unrealized gains and losses

Cash equivalents and short-term investments include the following securities with gross unrealized gains and losses (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

 

September 30, 2018

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U.S. treasury bills

 

$

4,250

 

$

 —

 

$

(2)

 

$

4,248

 

Government-sponsored enterprise securities

 

 

14,493

 

 

 —

 

 

(4)

 

 

14,489

 

Corporate bonds and commercial paper

 

 

84,353

 

 

 1

 

 

(20)

 

 

84,334

 

Total

 

$

103,096

 

$

 1

 

$

(26)

 

$

103,071

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

 

December 31, 2017

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U.S. treasury bills

 

$

6,733

 

$

 —

 

$

(7)

 

$

6,726

 

Government-sponsored enterprise securities

 

 

7,835

 

 

 —

 

 

(9)

 

 

7,826

 

Corporate bonds and commercial paper

 

 

97,888

 

 

 1

 

 

(67)

 

 

97,822

 

Total

 

$

112,456

 

$

 1

 

$

(83)

 

$

112,374

 

 

Schedule of fair value and gross unrealized losses of the entity's investments in unrealized loss position

The following table shows the fair value and gross unrealized losses of our investments in individual securities that are in an unrealized loss position, aggregated by investment category (in thousands):

 

 

 

 

 

 

 

 

 

September 30, 2018

    

Fair Value

    

Unrealized Losses

 

U. S. treasury bills

 

$

4,248

 

$

(2)

 

Government-sponsored enterprise securities

 

 

14,489

 

 

(4)

 

Corporate bonds and commercial paper

 

 

34,674

 

 

(20)

 

Total

 

$

53,411

 

$

(26)