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Cash, Cash Equivalents and Short-Term Investments (Tables)
9 Months Ended
Sep. 30, 2021
Cash, Cash Equivalents, and Short-term Investments [Abstract]  
Summary of Cash and Cash Equivalents As of September 30, 2021 and December 31, 2020, the Company’s cash and cash equivalents were composed of:
September 30,
2021
December 31,
2020
UnauditedAudited
Cash$27,768 $20,339 
Money market funds422,082 214,335 
U.S. Treasury bills239,987 — 
Total cash and cash equivalents$689,837 $234,674 
Summary of Amortized Cost and Recorded Basis of T-bills in Short-Term Investments
As of September 30, 2021 and December 31, 2020, the Company’s short-term investments were:
September 30,
2021
December 31,
2020
 UnauditedAudited
U.S. Treasury bills$199,948 607,902 
Term deposits44,000 — 
Short-term investments$243,948 607,902 
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 cash and cash equivalents and short-term investments according their maturity periods.