| 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)
|
March 31, 2019 |
|
|
|
|
Money market funds, included in cash equivalents |
$ |
5,730 |
|
$ |
5,730 |
|
$ |
— |
|
$ |
— |
|
Investments - U.S. treasuries |
12,531 |
|
12,531 |
|
— |
|
— |
|
Investments - Asset-backed securities |
7,230 |
|
— |
|
7,230 |
|
— |
|
Investments - Corporate bonds |
38,924 |
|
— |
|
38,924 |
|
— |
|
Total |
$ |
64,415 |
|
$ |
18,261 |
|
$ |
46,154 |
|
$ |
— |
|
|
|
|
|
|
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 |
Cash equivalents and investments at March 31, 2019 consist of the following (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Contractual maturity
(in days) |
Amortized Cost |
Unrealized gains |
Unrealized losses |
Fair Value |
Investments |
|
|
|
|
|
U.S. treasuries |
60-165 |
$ |
12,500 |
|
$ |
30 |
|
$ |
— |
|
$ |
12,530 |
|
Asset-backed securities |
106-169 |
7,207 |
|
23 |
|
— |
|
7,230 |
|
Corporate bonds |
1-194 |
38,787 |
|
138 |
|
— |
|
38,925 |
|
Total |
|
$ |
58,494 |
|
$ |
191 |
|
$ |
— |
|
$ |
58,685 |
|
|