Cash, Cash Equivalents and Restricted Cash

3 Months Ended

Mar. 31, 2020

Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents [Abstract]

Cash, Cash Equivalents and Restricted Cash

3. Cash, cash equivalents and restricted cash

Restricted cash, included in long-term other assets in the condensed consolidated balance sheets, includes a $0.5 million cash deposit the Company maintains with its bank as collateral for the irrevocable letter of credit issued to its landlord under the New Seattle Lease (as defined in Note 4).

In the condensed consolidated statements of cash flows, the restricted cash balance of $0.5 million (December 31, 2019 – nil) is included with cash of $21.2 million (December 31, 2019 – $103.1 million) and cash equivalents of $118.2 million (December 31, 2019 – $40.0 million) for presentation purposes.