Quarterly report pursuant to Section 13 or 15(d)

Short-term Investments (Tables)

v3.19.3
Short-term Investments (Tables)
6 Months Ended
Jun. 30, 2019
Short Term Investments [Abstract]  
Summary of Debt Securities by Major Security Type

A summary of debt securities by major security type is as follows as of June 30, 2019:

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

FairValue

 

Debt Securities - available-for-sale:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. T-bills

 

$

9,968

 

 

$

3

 

 

$

 

 

$

9,971

 

U.S. agency securities

 

 

6,705

 

 

 

2

 

 

 

 

 

 

6,707

 

U.S. government securities

 

 

19,877

 

 

 

46

 

 

 

 

 

 

19,923

 

Total debt securities

 

$

36,550

 

 

$

51

 

 

$

 

 

$

36,601

 

Summary of Hierarchy for Assets Measured at Fair Value on a Recurring Basis

The following table presents the hierarchy for assets measured at fair value on a recurring basis as of June 30, 2019 and December 31, 2018 (in thousands):

 

 

 

Total Fair

Value

 

 

Quoted

Market

Prices for

Identical

Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Observable

Inputs

(Level 3)

 

As of June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

8,168

 

 

$

8,168

 

 

$

 

 

$

 

U.S. T-bills

 

$

9,971

 

 

$

9,971

 

 

$

 

 

$

 

U.S. government securities

 

$

19,923

 

 

$

19,923

 

 

$

 

 

$

 

U.S. agency securities

 

$

6,707

 

 

$

 

 

$

6,707

 

 

$

 

As of December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

61,134

 

 

$

61,134

 

 

$

 

 

$