Quarterly report pursuant to Section 13 or 15(d)

Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)

v3.22.1
Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)
 3 Months Ended
Mar. 31, 2022
Cash and Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Balance Sheets to the total of the amounts in the Condensed Consolidated Statements of Cash Flows as of March 31, 2022, December 31, 2021, March 31, 2021 and December 31, 2020:

 

    March 31,
2022		     December 31,
2021		     March 31,
2021		     December 31,
2020		  
Cash and cash equivalents   $ 19,328     $ 21,030     $ 23,383     $ 12,432  
Restricted cash included in current/long term assets     250       250       336       336  
Cash, cash equivalents and restricted cash in the statement of cash flows   $ 19,578     $ 21,280     $ 23,719     $ 12,768  
Summary of Marketable Securities

The following tables summarizes the Company’s marketable securities as of March 31, 2022:

 

    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
    Amortized     Unrealized     Unrealized        
    Cost     Gain     (Loss)     Fair Value  
U.S. Treasury Bonds   $ 988     $ —     $ (13 )   $ 975  
U.S. Government Notes     18,378       —       (519 )     17,859  
Corporate Debt Securities     5,555       —       (97 )     5,458  
State and Municipal Bonds     250       —       —       250  
Total marketable securities   $ 25,171     $ —     $ (629 )   $ 24,542  

 

The following tables summarizes the Company’s marketable securities for the year ended December 31, 2021 consisted of the following:

 

    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
U.S. Government Notes   $ 19,395     $ 2     $ (120 )   $ 19,277  
Corporate Debt Securities     9,092       —       (27 )     9,065  
State and Municipal Bonds     250       —       —       250  
Total marketable securities   $ 28,737     $ 2     $ (147 )   $ 28,592  
 
Schedule of Maturities of Debt Securities Available-for-sale

Maturities of debt securities classified as available-for-sale were as follows at March 31, 2022:

 

          Net Carrying  
    Fair Value     Amount  
Due within one year   $ 5,253     $ 5,260  
Due after one year through five years     19,289       19,349  
    $ 24,542     $ 24,609  

 

Maturities of debt securities classified as available-for-sale were as follows at December 31, 2021:

 

    Fair Value     Net Carrying Amount  
Due within one year   $ 8,257     $ 8,310  
Due after one year through five years     20,335       20,402  
    $ 28,592     $ 28,712