Cash Equivalents and Short-Term Investments

6 Months Ended

Jun. 30, 2020

Cash, Cash Equivalents, and Short-term Investments [Abstract]

Cash Equivalents and Short-term Investments

Cash Equivalents and Short-Term Investments

The amortized cost and fair value of our cash equivalents and short-term investments are as follows (in thousands):

	June 30, 2020
Assets:	(unaudited)
	Amortized Cost		Gross unrealized gains		Gross unrealized losses		Fair market value
Money market funds	$	27,053	$	—	$	—	$	27,053
Corporate debt securities and commercial paper	1,998		—		—		1,998
Total	$	29,051	$	—	$	—	$	29,051

	December 31, 2019
Assets:	Amortized Cost		Gross unrealized gains		Gross unrealized losses		Fair market value
Money market funds	$	9,995	$	—	$	—	$	9,995
U.S. treasury bills	5,019		2		—		5,021
Corporate debt securities and commercial paper	21,862		14		—		21,876
Total	$	36,876	$	16	$	—	$	36,892

All short-term investments held as of June 30, 2020 and December 31, 2019 were classified as available-for-sale securities and had contractual maturities of less than one year. There were no realized gains and losses on these securities for the periods presented.