| Schedule of Cash Equivalents and Investments Carried at Fair Value |
The following table presents the cash equivalents and investments carried at fair value in accordance with the hierarchy defined in Note 2 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
Quoted prices in active markets (Level 1) |
Significant other observable inputs (Level 2) |
Significant unobservable inputs
(Level 3)
|
June 30, 2019 |
|
|
|
|
Money market funds, included in cash equivalents |
$ |
11,429 |
|
$ |
11,429 |
|
$ |
— |
|
$ |
— |
|
Corporate bonds, included in cash equivalents |
2,598 |
|
— |
|
2,598 |
|
— |
|
Investments - U.S. treasuries |
6,592 |
|
6,592 |
|
— |
|
— |
|
Investments - Asset-backed securities |
10,041 |
|
— |
|
10,041 |
|
— |
|
Investments - Corporate bonds |
28,149 |
|
— |
|
28,149 |
|
— |
|
Total |
$ |
58,809 |
|
$ |
18,021 |
|
$ |
40,788 |
|
$ |
— |
|
|
|
|
|
|
December 31, 2018 |
|
|
|
|
Money market funds, included in cash equivalents |
$ |
7,791 |
|
$ |
7,791 |
|
$ |
— |
|
$ |
— |
|
Corporate bonds, included in cash equivalents |
10,910 |
|
— |
|
10,910 |
|
— |
|
Investments - U.S. treasuries |
7,518 |
|
7,518 |
|
— |
|
— |
|
Investments - Asset-backed securities |
5,758 |
|
— |
|
5,758 |
|
— |
|
Investments - Corporate bonds |
39,964 |
|
— |
|
39,964 |
|
— |
|
Total |
$ |
71,941 |
|
$ |
15,309 |
|
$ |
56,632 |
|
$ |
— |
|
|
| Schedule of Cash Equivalents and Investments |
nvestments at June 30, 2019 consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contractual maturity
(in days) |
Amortized Cost |
Unrealized gains |
Unrealized losses |
Fair Value |
Investments |
|
|
|
|
|
U.S. treasuries |
62-259 |
$ |
6,587 |
|
$ |
5 |
|
$ |
— |
|
$ |
6,592 |
|
Asset-backed securities |
15-233 |
10,050 |
|
5 |
|
(14 |
) |
10,041 |
|
Corporate bonds |
23-242 |
28,191 |
|
8 |
|
(50 |
) |
28,149 |
|
Total |
|
$ |
44,828 |
|
$ |
18 |
|
$ |
(64 |
) |
$ |
44,782 |
|
|