Cash, Cash Equivalents, and Restricted Cash

12 Months Ended

Dec. 31, 2021

Cash And Cash Equivalents [Abstract]

Cash, Cash Equivalents, and Restricted Cash

Note 5. Cash, Cash Equivalents, and Restricted Cash

The Company’s cash equivalents are highly liquid investments with a maturity of 90 days or less at the date of purchase and investments in money market funds. Restricted cash, which are time deposits, includes $1.3 million securing letters of credit.

The following table shows our cash, cash equivalents and current restricted cash as of December 31, 2021 and December 31, 2020:

	For the Year Ended December 31,
(in thousands)	2021		2020
Cash	$	3,841	$	4,601
Cash equivalents		41,203		35,378
Restricted cash		1,259		2,555
Total cash, cash equivalents, and restricted cash	$	46,303	$	42,534