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Cash Equivalents and Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2019
Investments Debt And Equity Securities [Abstract]  
Schedule of Estimated Fair Value of Cash Equivalents and Marketable Securities

The following tables summarize the estimated fair value of the Company’s cash equivalents and marketable securities and the gross unrealized gains and losses (in thousands):

 

 

 

March 31, 2019

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Estimated

Fair Value

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

14,613

 

 

$

 

 

$

 

 

$

14,613

 

Reverse repurchase agreements

 

 

6,250

 

 

 

 

 

 

 

 

 

6,250

 

Commercial paper

 

 

5,980

 

 

 

 

 

 

 

 

 

5,980

 

Total cash equivalents

 

 

26,843

 

 

 

 

 

 

 

 

 

26,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

36,938

 

 

 

15

 

 

 

(2

)

 

 

36,951

 

U.S. government securities

 

 

1,119

 

 

 

 

 

 

 

 

 

1,119

 

Total marketable securities

 

$

38,057

 

 

$

15

 

 

$

(2

)

 

$

38,070

 

 

 

 

 

December 31, 2018

 

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Estimated

Fair Value

 

Cash equivalents

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

7,180

 

 

$

 

 

$

 

 

$

7,180

 

Reverse repurchase agreements

 

 

6,250

 

 

 

 

 

 

 

 

 

6,250

 

Commercial paper

 

 

5,977

 

 

 

 

 

 

(1

)

 

 

5,976

 

Total cash equivalents

 

 

19,407

 

 

 

 

 

 

(1

)

 

 

19,406

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial paper

 

 

47,964

 

 

 

 

 

 

(24

)

 

 

47,940

 

U.S. government securities

 

 

4,114

 

 

 

 

 

 

(2

)

 

 

4,112

 

Total marketable securities

 

$

52,078

 

 

$

 

 

$

(26

)

 

$

52,052