Annual report pursuant to Section 13 and 15(d)

CASH EQUIVALENTS AND SHORT TERM INVESTMENTS

v3.21.1
CASH EQUIVALENTS AND SHORT TERM INVESTMENTS
12 Months Ended
Dec. 31, 2020
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):

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

December 31, 2019

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Repurchase agreements

$

25,001

$

$

$

25,001

Money market funds

40,454

40,454

Total cash equivalents

65,455

65,455

Asset‑backed securities

16,786

20

16,806

Commercial paper

19,938

19,938

Corporate bonds

47,955

55

48,010

Total short-term investments

84,679

75

84,754

Total cash equivalents and short-term investments

$

150,134

$

75

$

$

150,209