Cash, Cash Equivalents, and Restricted Cash

3 Months Ended

Mar. 31, 2020

Cash, Cash Equivalents, and Restricted Cash

Cash, Cash Equivalents, and Restricted Cash

5. Cash, Cash Equivalents, and Restricted Cash

Restricted cash consists of a letter of credit in the amount of $275,000 issued to the landlord of the Company’s facility lease. The terms of the letter of credit extend beyond one year. The following table reconciles cash and cash equivalents and restricted cash per the balance sheet to the statements of cash flows:

	March 31,		December 31,		March 31,		December 31,
	2020		2019		2019		2018
Cash and cash equivalents	$	107,035	$	101,559	$	42,419	$	185,901
Restricted cash		275		275		275		275
Total cash, cash equivalents, and restricted cash	$	107,310	$	101,834	$	42,694	$	186,176