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Cash, Cash Equivalents and Short-Term Investments (Tables)
3 Months Ended
Mar. 31, 2020
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Summary of 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.
March 31,
2020
December 31,
2019
UnauditedAudited
Cash$8,192  $18,377  
Money market funds173,727  158,944  
Total cash and cash equivalents$181,919  $177,321  
Summary of Amortized Cost and Recorded Basis of T-bills in 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.
March 31,
2020
December 31,
2019
 UnauditedAudited
Short-term investments$149,349  $148,769