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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2020
Investments Debt And Equity Securities [Abstract]  
Summary of Marketable Securities

The Company’s marketable securities consisted of the following:

 

 

March 31, 2020

 

 

Amortized

Cost Basis

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Aggregate

Fair Value

 

 

(in thousands)

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market accounts

$

3,943

 

 

$

 

 

$

 

 

$

3,943

 

Corporate debt securities

 

18,048

 

 

 

31

 

 

 

(51

)

 

 

18,028

 

Less: Cash equivalents

 

(3,943

)

 

 

 

 

 

 

 

 

(3,943

)

Total short-term marketable securities

 

18,048

 

 

 

31

 

 

 

(51

)

 

 

18,028

 

Long-term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate debt securities

 

42,484

 

 

 

125

 

 

 

(318

)

 

 

42,291

 

U.S. government agency securities

 

1,000

 

 

 

3

 

 

 

 

 

 

1,003

 

Total long-term marketable securities

 

43,484

 

 

 

128

 

 

 

(318

)

 

 

43,294

 

Total marketable securities

$

61,532

 

 

$

159

 

 

$

(369

)

 

$

61,322

 

 

 

December 31, 2019

 

 

Amortized

Cost Basis

 

 

Unrealized

Gains

 

 

Unrealized

Losses

 

 

Aggregate

Fair Value

 

 

(in thousands)

 

Marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Money market accounts

$

4,700

 

 

$

 

 

$

 

 

$

4,700

 

Corporate debt securities

 

17,962

 

 

 

43

 

 

 

(2

)

 

 

18,003

 

Less: Cash equivalents

 

(6,399

)

 

 

 

 

 

 

 

 

(6,399

)

Total short-term marketable securities

 

16,263

 

 

 

43

 

 

 

(2

)

 

 

16,304

 

Corporate debt securities

 

41,861

 

 

 

116

 

 

 

(30

)

 

 

41,947

 

Total long-term marketable securities

 

41,861

 

 

 

116

 

 

 

(30

)

 

 

41,947

 

Total marketable securities

$

58,124

 

 

$

159

 

 

$

(32

)

 

$

58,251