Quarterly report pursuant to Section 13 or 15(d)

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

v3.20.2
Cash, Cash Equivalents and Short-Term Investments (Tables)
6 Months Ended
Jun. 30, 2020
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):

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​

​

​

​

​

​

​

​

​

​

June 30, 

​

December 31, 

​

​

​

2020

    

2019

​

Cash

​

$

2,628

​

$

3,371

​

Money market funds

​

 

21,842

​

 

7,457

​

U.S. treasury bills

​

 

6,006

​

 

12,539

​

Government-sponsored enterprise securities

​

 

36,127

​

 

19,017

​

Corporate bonds and commercial paper

​

 

25,894

​

 

55,694

​

​

​

$

92,497

​

$

98,078

​

Reported as:

​

​

​

​

​

​

​

Cash and cash equivalents

​

$

36,469

​

$

22,521

​

Short-term investments

​

 

56,028

​

 

75,557

​

​

​

$

92,497

​

$

98,078

​

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

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

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

Gross

    

Gross

    

​

​

 

​

​

Amortized

​

Unrealized

​

Unrealized

​

​

​

 

June 30, 2020

​

Cost

​

Gains

​

Losses

​

Fair Value

 

U.S. treasury bills

​

$

6,001

​

$

5

​

$

—

​

$

6,006

​

Government-sponsored enterprise securities

​

​

36,126

​

​

3

​

​

(2)

​

​

36,127

​

Corporate bonds and commercial paper

​

 

25,854

​

 

40

​

 

—

​

 

25,894

​

Total

​

$

67,981

​

$

48

​

$

(2)

​

$

68,027

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

Gross

    

Gross

    

​

​

 

​

​

Amortized

​

Unrealized

​

Unrealized

​

​

​

 

December 31, 2019

​

Cost

​

Gains

​

Losses

​

Fair Value

 

U.S. treasury bills

​

$

12,532

​

$

8

​

$

(1)

​

$

12,539

​

Government-sponsored enterprise securities

​

​

19,010

​

​

8

​

​

(1)

​

​

19,017

​

Corporate bonds and commercial paper

​

 

55,685

​

​

14

​

​

(5)

​

 

55,694

​

Total

​

$

87,227

​

$

30

​

$

(7)

​

$

87,250

​

Schedule of fair value and gross unrealized losses of 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):

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​

​

​

​

​

​

​

​

June 30, 2020

    

Fair Value

    

Unrealized Losses

 

Government-sponsored enterprise securities

​

$

19,551

​

$

(2)

​

Total

​

$

19,551

​

$

(2)

​