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Cash and Cash Equivalents and Short Term Investments (Tables)
12 Months Ended
Dec. 31, 2018
Cash Cash Equivalents And Short Term Investments [Abstract]  
Summary of Cash and Cash Equivalents

 

a.

Cash and cash equivalents:

 

Cash equivalents include items almost as liquid as cash, such as certificates of deposit and time deposits with maturity periods of three months or less when purchased.

 

 

December 31,

 

 

 

2018

 

 

2017

 

Cash

 

$

9,197

 

 

$

5,522

 

Money market funds

 

 

131,425

 

 

 

73,070

 

Total cash and cash equivalents

 

$

140,622

 

 

$

78,592

 

Summary of Amortized Cost And Recorded Basis of T-bills in Short Term Investments

 

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.

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Short-term investments

 

$

105,256

 

 

$

104,719