4. Investments

The Company classifies its investments as available-for-sale or trading at the time they are acquired and reports them at fair value with net unrealized gains or losses reported, net of tax, using the specific identification method as other comprehensive gain or loss in stockholders’ equity or other income in the statement of operations. See Note 5 – Fair Value Measurements.

The Company’s cash, cash equivalents and investments consist of the following (in thousands):

	September 30, 2011						December 31, 2010
	Adjusted Cost		Unrealized Loss		Estimated Fair Value		Adjusted Cost		Unrealized Loss		Estimated Fair Value

Cash and cash equivalents:
Cash	$	5,738	$	-	$	5,738	$	5,072	$	-	$	5,072
Money market funds		18,263		-		18,263	$	30,261	$	-	$	30,261
Total cash and cash equivalents	$	24,001	$	-	$	24,001	$	35,333	$	-	$	35,333

Short-term investments:
Corporate securities		-		-		-		8		-		8
Total short-term investments	$	-	$	-	$	-	$	8	$	-	$	8