Annual report pursuant to Section 13 and 15(d)

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)

v3.22.0.1
CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2021
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):

​

​

​

​

​

​

​

​

​

​

​

December 31, 

​

​

​

2021

    

2020

​

Cash

​

$

6,249

​

$

1,988

​

Money market funds

​

 

6,842

​

 

19,487

​

U.S. treasury bills

​

 

35,366

​

 

10,034

​

Government-sponsored enterprise securities

​

 

14,678

​

 

4,920

​

Corporate bonds and commercial paper

​

 

61,832

​

 

20,898

​

​

​

$

124,967

​

$

57,327

​

Reported as:

​

​

​

​

​

​

​

Cash and cash equivalents

​

$

18,890

​

$

30,373

​

Short-term investments

​

 

106,077

​

 

26,954

​

​

​

$

124,967

​

$

57,327

​

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):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

Gross

    

Gross

    

​

​

 

​

​

Amortized

​

Unrealized

​

Unrealized

​

​

​

 

December 31, 2021

​

Cost

​

Gains

​

Losses

​

Fair Value

 

U.S. treasury bills

​

$

35,416

​

$

—

​

$

(50)

​

$

35,366

​

Government-sponsored enterprise securities

​

​

14,705

​

​

—

​

​

(27)

​

​

14,678

​

Corporate bonds and commercial paper

​

 

61,857

​

 

2

​

 

(27)

​

 

61,832

​

Total

​

$

111,978

​

$

2

​

$

(104)

​

$

111,876

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

Gross

    

Gross

    

​

​

 

​

​

Amortized

​

Unrealized

​

Unrealized

​

​

​

 

December 31, 2020

​

Cost

​

Gains

​

Losses

​

Fair Value

 

U.S. treasury bills

​

$

10,036

​

$

—

​

$

(2)

​

$

10,034

​

Government-sponsored enterprise securities

​

​

4,920

​

​

—

​

​

—

​

​

4,920

​

Corporate bonds and commercial paper

​

 

20,900

​

 

—

​

 

(2)

​

 

20,898

​

Total

​

$

35,856

​

$

—

​

$

(4)

​

$

35,852

​

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):

​

​

​

​

​

​

​

​

​

December 31, 2021

    

Fair Value

    

Unrealized Losses

 

U.S. treasury bills

​

$

35,366

​

$

(50)

​

Government-sponsored enterprise securities

​

​

14,678

​

​

(27)

​

Corporate bonds and commercial paper

​

​

37,993

​

​

(27)

​

Total

​

$

88,037

​

$

(104)

​