Cash and Cash Equivalents and Short Term Investments

12 Months Ended

Dec. 31, 2015

Marketable Securities Current [Abstract]

Cash and Cash equivalents and Short-term investments

Note 3: Cash and Cash equivalents and Short-term investments

a. Cash and cash equivalents:

	December 31,
	2015		2014
Cash	$	75,421	$	47,614
Money market funds		44,002		-
U.S. treasury bills		-		9,999
Total cash and cash equivalents	$	119,423	$	57,613

b. Short-term investments

The Company invests in marketable U.S. Treasury Bills (“T-bills”) that are classified as held-to-maturity securities. The amortized cost and recorded basis of the T-bills are presented as short-term investments in the amount of $150,001 and $44,999, as of December 31, 2015 and 2014, respectively and their estimated fair value as of December 31, 2015 and 2014 was $149,978 and $44,999, respectively.