Quarterly report pursuant to Section 13 or 15(d)

Available-for-Sale Securities

v3.19.1
Available-for-Sale Securities
3 Months Ended
Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]  
Available-for-Sale Securities

4. Available-for-Sale Securities

The following table is a summary of available-for-sale securities recorded in cash and cash equivalents or marketable securities in our condensed consolidated balance sheets (in thousands):

 

 

 

March 31, 2019

 

 

 

Amortized Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

Financial Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

 

18,349

 

 

 

 

 

 

 

 

 

18,349

 

U.S. Treasury securities

 

 

13,691

 

 

 

4

 

 

 

 

 

 

13,695

 

Commercial paper

 

 

19,342

 

 

 

15

 

 

 

 

 

 

19,357

 

Corporate debt securities

 

 

20,521

 

 

 

17

 

 

 

 

 

 

20,538

 

Government agency bonds

 

 

29,066

 

 

 

9

 

 

 

 

 

 

29,075

 

Total

 

$

100,969

 

 

$

45

 

 

$

 

 

$

101,014

 

 

 

 

December 31, 2018

 

 

 

Amortized Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Fair Value

 

Financial Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

23,156

 

 

$

 

 

$

 

 

$

23,156

 

U.S. Treasury securities

 

 

25,698

 

 

 

 

 

 

(6

)

 

 

25,692

 

Commercial paper

 

 

19,203

 

 

 

 

 

 

(13

)

 

 

19,190

 

Corporate debt securities

 

 

20,449

 

 

 

4

 

 

 

(2

)

 

 

20,451

 

Government agency bonds

 

 

17,921

 

 

 

 

 

 

(4

)

 

 

17,917

 

Total

 

$

106,427

 

 

$

4

 

 

$

(25

)

 

$

106,406

 

 

As of March 31, 2019, the amortized cost and estimated fair value of the Company’s available-for-sale securities by contractual maturity are shown below (in thousands):

 

 

 

Amortized

 

 

Estimated

 

 

 

Cost

 

 

Fair Value

 

Marketable securities maturing:

 

 

 

 

 

 

 

 

In one year or less

 

$

82,619

 

 

$

82,664

 

Total marketable securities

 

$

82,619

 

 

$

82,664