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Cash and Investments
6 Months Ended
Jun. 30, 2013
Cash and Investments [Abstract]  
Cash and Investments

2. Cash and Investments

Cash, cash equivalents, short-term investments, and restricted cash consisted of the following at June 30, 2013 and December 31, 2012 (in thousands):

 

                 
    June 30,
2013
    December 31,
2012
 

Cash

  $ 1,994     $ 2,590  

Cash equivalents:

               

Money market funds

    8,777       7,313  
   

 

 

   

 

 

 

Total cash equivalents

    8,777       7,313  
   

 

 

   

 

 

 

Total cash and cash equivalents

    10,771       9,903  

Short-term investments:

               

Municipal securities

    —         356  

Corporate commercial paper

    1,250       4,374  

Foreign government bonds

    1,001       999  

Corporate debt securities

    7,080       4,097  
   

 

 

   

 

 

 

Total short-term investments

    9,331       9,826  

Restricted cash—money market fund

    875       875  
   

 

 

   

 

 

 

Total cash, cash equivalents, investments and restricted cash

  $ 20,977     $ 20,604  
   

 

 

   

 

 

 

Gross unrealized gains and losses on our short-term investments were not material as of June 30, 2013 and December 31, 2012. Our restricted cash balance at June 30, 2013 and December 31, 2012 relates to a letter of credit which will continue to secure our corporate headquarter lease obligation to its expiration in 2014.