Quarterly report pursuant to Section 13 or 15(d)

Marketable Securities

v3.19.3
Marketable Securities
9 Months Ended
Sep. 30, 2019
Investments Debt And Equity Securities [Abstract]  
Marketable Securities

 

4.

Marketable Securities

The Company invests its excess cash in money market funds and debt instruments of financial institutions, corporations, government sponsored entities and municipalities. The following tables summarize the Company’s marketable securities (in thousands):

 

As of September 30, 2019

 

Maturity

(in years)

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Corporate debt securities

 

1 or less

 

$

4,367

 

 

$

1

 

 

$

 

 

$

4,368

 

Total

 

 

 

$

4,367

 

 

$

1

 

 

$

 

 

$

4,368

 

 

As of December 31, 2018

 

Maturity

(in years)

 

Amortized

Cost

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Estimated

Fair Value

 

Corporate debt securities

 

1 or less

 

$

29,144

 

 

$

 

 

$

(17

)

 

$

29,127

 

Total

 

 

 

$

29,144

 

 

$

 

 

$

(17

)

 

$

29,127