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Cash and Investments
6 Months Ended
Jun. 30, 2012
Cash and Investments [Abstract]  
Cash and Investments

2. Cash and Investments

Cash, cash equivalents, short-term investments, and restricted cash consist of the following (in thousands):

 

                 
    June 30,
2012
    December 31,
2011
 

Cash

  $ 2,323     $ 1,428  

Cash equivalents:

               

Corporate debt

    750       501  

Money market funds

    7,442       6,576  
   

 

 

   

 

 

 

Total cash equivalents

    8,192       7,077  
   

 

 

   

 

 

 

Total cash and cash equivalents

    10,515       8,505  

Short-term investments:

               

U.S. agency securities

    —         1,751  

Municipal securities

    355       355  

Corporate commercial paper

    2,299       1,250  

Foreign government bonds

    501       500  

Corporate debt

    6,247       5,763  
   

 

 

   

 

 

 

Total short-term investments

    9,402       9,619  

Restricted cash—money market fund

    875       875  
   

 

 

   

 

 

 

Total cash, cash equivalents, investments and restricted cash

  $ 20,792     $ 18,999  
   

 

 

   

 

 

 

Gross unrealized gains and losses on our short-term investments were not material as of June 30, 2012 and December 31, 2011. Our restricted cash balance at June 30, 2012 and December 31, 2011 relates to a letter of credit which will continue to secure our corporate headquarter lease obligation through its expiration in 2014.