Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents and Investments (Tables)

v3.20.1
Cash, Cash Equivalents and Investments (Tables)
 3 Months Ended
Mar. 31, 2020
Cash and Cash Equivalents [Abstract]  
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, 2020
 
 
 
 
Money market funds, included in cash equivalents
$
11,489

$
11,489

$
—

$
—

Investments - U.S. treasuries
4,604

4,604

—

—

Investments - Asset-backed securities
5,713

—

5,713

—

Investments - Corporate bonds
29,016

—

29,016

—

Total
$
50,822

$
16,093

$
34,729

$
—

 
 
 
 
 
December 31, 2019
 
 
 
 
Money market funds, included in cash equivalents
$
47,384

$
47,384

$
—

$
—

Investments - U.S. treasuries
5,300

5,300

—

—

Investments - Asset-backed securities
7,950

—

7,950

—

Investments - Corporate bonds
28,644

—

28,644

—

Total
$
89,278

$
52,684

$
36,594

$
—


Schedule of Cash Equivalents and Investments
Investments at March 31, 2020 consisted of the following (in thousands):
 
Contractual maturity
(in days)
Amortized Cost
Unrealized gains
Unrealized losses
Fair Value
Investments
 
 
 
 
 
U.S. treasuries
61-135
$
4,565

$
38

$
—

$
4,603

Asset-backed securities
7-168
5,699

20

(5
)
5,714

Corporate bonds
6-223
29,023

43

(50
)
29,016

Total
 
$
39,287

$
101

$
(55
)
$
39,333