Quarterly report pursuant to Section 13 or 15(d)

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

v3.19.3
Cash, Cash Equivalents and Short-Term Investments (Tables)
 9 Months Ended
Sep. 30, 2019
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, 

 

 

 

2019

    

2018

 

Cash

 

$
1,637

 

$

2,626

 

Money market funds

 

 
26,915

 

 

9,106

 

U.S. treasury bills

 

 

8,045

 

 

 —

 

Government-sponsored enterprise securities

 

 

15,164

 

 

7,872

 

Corporate bonds and commercial paper

 

 

55,719

 

 

108,933

 

 

 

$

107,480

 

$

128,537

 

Reported as:

 

 

 

 

 

 

 

Cash and cash equivalents

 

$
39,093

 

$

76,322

 

Short-term investments

 

 
68,387

 

 

52,215

 

 

 

$
107,480

 

$

128,537

 

 

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, 2019

 

Cost

 

Gains

 

Losses

 

Fair Value

 

U.S. treasury bills

 

$

8,040

 

$

 5

 

$

 —

 

$

8,045

 

Government-sponsored enterprise securities

 

$

15,159

 

$

 7

 

$

(1)

 

$

15,165

 

Corporate bonds and commercial paper

 

 

55,695

 

 

27

 

 

(2)

 

 

55,720

 

Total

 

$

78,894

 

$

39

 

$

(3)

 

$

78,930

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

Gross

    

Gross

    

 

 

 

 

 

Amortized

 

Unrealized

 

Unrealized

 

 

 

 

December 31, 2018

 

Cost

 

Gains

 

Losses

 

Fair Value

 

Government-sponsored enterprise securities

 

$

7,873

 

$

 —

 

$

(1)

 

$

7,872

 

Corporate bonds and commercial paper

 

 

108,957

 

 

 2

 

 

(26)

 

 

108,933

 

Total

 

$

116,830

 

$

 2

 

$

(27)

 

$

116,805

 

 

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, 2019

    

Fair Value

    

Unrealized Losses

 

Government-sponsored enterprise securities

 

$

3,199

 

$

(1)

 

Corporate bonds and commercial paper

 

 

18,762

 

 

(2)

 

Total

 

$

21,961

 

$

(3)