Annual report pursuant to Section 13 and 15(d)

Cash Equivalents

v3.20.4
Cash Equivalents
12 Months Ended
Dec. 31, 2020
Cash And Cash Equivalents [Abstract]  
Cash Equivalents

(5)

Cash Equivalents

The following is a summary of cash equivalents:

 

 

 

December 31, 2020

 

 

 

Amortized

 

 

Gross Unrealized

 

 

Estimated

 

Description

 

Cost

 

 

Gain

 

 

Loss

 

 

Fair Value

 

Money market mutual funds

 

$

24,210

 

 

$

 

 

$

 

 

$

24,210

 

Commercial paper

 

 

4,500

 

 

 

 

 

 

 

 

 

4,500

 

Total cash equivalents

 

$

28,710

 

 

$

 

 

$

 

 

$

28,710

 

 

 

 

 

December 31, 2019

 

 

 

Amortized

 

 

Gross Unrealized

 

 

Estimated

 

Description

 

Cost

 

 

Gain

 

 

Loss

 

 

Fair Value

 

Money market mutual funds

 

$

16,514

 

 

$

 

 

$

 

 

$

16,514

 

Total cash equivalents

 

$

16,514

 

 

$

 

 

$

 

 

$

16,514

 

 

As of December 31, 2020 and 2019, the Company’s cash equivalents had maturities of one month. To derive the fair value of its commercial paper, the Company uses benchmark inputs and industry standard analytical models.