Cash, cash equivalents, short-term investments, and restricted cash (Tables)

9 Months Ended

Sep. 30, 2021

Cash and Cash Equivalents [Abstract]

Schedule of cash and cash equivalents

The following table summarizes the Company’s cash, cash equivalents and restricted cash (in thousands): 

	September 30, 2021		December 31, 2020
Cash and cash equivalents	$	76,578	$	95,117
Restricted cash	495		489
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	77,073	$	95,606

Schedule of restricted cash

The following table summarizes the Company’s cash, cash equivalents and restricted cash (in thousands): 

	September 30, 2021		December 31, 2020
Cash and cash equivalents	$	76,578	$	95,117
Restricted cash	495		489
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	77,073	$	95,606

As of September 30, 2021 and December 31, 2020, the Company's consolidated subsidiaries had $11.5 million and $11.4 million, respectively, of restricted net assets. This compares to the Company's consolidated net assets of $157.1 million and $180.4 million as of September 30, 2021 and December 31, 2020, respectively, which consisted of (in thousands):

	September 30, 2021		December 31, 2020
Cash restricted in China as a result of unfulfilled government grants	$	458	$	452
China earnings restricted to fund statutory common reserves in China	10,125		10,010
Loan agreements in Japan requiring local subsidiaries to maintain minimum net asset levels	895		969
Total restricted net assets in the Company's consolidated subsidiaries	$	11,478	$	11,431

Schedule of unrealized gains and losses related to cash equivalents and short-term investments in marketable securities

The following table summarizes the Company’s unrealized gains and losses related to its short-term investments in marketable securities designated as available-for-sale (in thousands): 

	As of September 30, 2021								As of December 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Fair Value		Amortized Cost		Gross Unrealized Gains		Gross Unrealized Loss		Fair Value
Marketable securities:
Money market funds	$	27,674	$	—	$	—	$	27,674	$	27,669	$	—	$	—	$	27,669
Reported as:
Short-term investments							$	27,674							$	27,669