Quarterly report pursuant to Section 13 or 15(d)

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

v3.21.2
Cash, Cash Equivalents and Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 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):

September 30, 

December 31, 

2021

    

2020

Cash

$

2,610

$

1,988

Money market funds

 

25,794

 

19,487

U.S. treasury bills

 

37,991

 

10,034

Government-sponsored enterprise securities

 

14,735

 

4,920

Corporate bonds and commercial paper

 

62,016

 

20,898

$

143,146

$

57,327

Reported as:

Cash and cash equivalents

$

30,403

$

30,373

Short-term investments

 

112,743

 

26,954

$

143,146

$

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

 

September 30, 2021

Cost

Gains

Losses

Fair Value

 

U.S. treasury bills

$

37,985

$

8

$

(2)

$

37,991

Government-sponsored enterprise securities

14,734

2

(1)

14,735

Corporate bonds and commercial paper

 

62,015

 

5

 

(4)

 

62,016

Total

$

114,734

$

15

$

(7)

$

114,742

    

    

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):

September 30, 2021

    

Fair Value

    

Unrealized Losses

 

U.S. treasury bills

$

12,814

$

(2)

Government-sponsored enterprise securities

3,338

(1)

Corporate bonds and commercial paper

22,336

(4)

Total

$

38,488

$

(7)