Quarterly report pursuant to Section 13 or 15(d)

CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

v3.21.1
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS
3 Months Ended
Mar. 31, 2021
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS  
CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

4. CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

The Company’s cash equivalents and short-term investments are invested in the following (in thousands):

March 31, 2021

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Money market funds

$

413,089

$

$

$

413,089

Total cash equivalents

413,089

413,089

U.S Treasury securities

5,000

5,000

Commercial paper

89,835

89,835

Corporate bonds

61,020

13

(21)

61,012

Total short-term investments

155,855

13

(21)

155,847

Total cash equivalents and short-term investments

$

568,944

$

13

$

(21)

$

568,936

December 31, 2020

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Commercial paper

$

75,374

$

$

$

75,374

Money market funds

407,512

407,512

Total cash equivalents

482,886

482,886

U.S. Treasury securities

19,995

2

19,997

Commercial paper

43,911

43,911

Corporate bonds

47,970

(11)

47,959

Total short-term investments

111,876

2

(11)

111,867

Total cash equivalents and short-term investments

$

594,762

$

2

$

(11)

$

594,753