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Investments
 12 Months Ended
Dec. 31, 2019
Investments  
Investments

Note 4.  Investments

 

The Company’s available-for-sale investments at fair value consisted of the following at December 31, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

 

    

 

    

Gross

    

Gross

    

Estimated

 

 

 

 

 

Unrealized

 

Unrealized

 

Fair

 

(In thousands)

 

Cost

 

(Losses)

 

Gains

 

Value

 

Short-term investments – commercial paper

 

$

2,774

 

$

—

 

$

—

 

$

2,774

 

Total short-term investments

 

 

2,774

 

 

 —

 

 

 —

 

 

2,774

 

Total investments

 

$

2,774

 

$

 —

 

$

 —

 

$

2,774

 

 

The Company had no realized gains or losses from the sale of investments in available-for-sale securities in the year ended December 31, 2019. There were no losses or other-than-temporary declines in value included in “Interest income” on the Company’s statements of operations and comprehensive loss for any securities for the year ended December 31, 2019.