Investment Securities

6 Months Ended

Jun. 30, 2020

Investments Securities [Abstract]

Investment Securities

9. Investment Securities

The Company invests in commercial paper, corporate notes and bonds with original maturities of less than two years. The Company classifies these investments as held to maturity based on our intent and ability to hold these investments until maturity. As a result, these investments are recorded at amortized cost, which approximates fair value, using level 1 inputs.

The maturity dates of our investments as of June 30, 2020 are as follows:
		Less than one year		1-5 years		Total
Commercial Paper Original Maturities of 91 Days or More	$	2,494	$	-	$	2,494
Corporate Notes and Bonds		17,427		3,023		20,450
Total Investments	$	19,921	$	3,023	$	22,944

The maturity dates of our investments as of December 31, 2019 are as follows:
		Less than one year		1-5 years		Total
Commercial Paper Original Maturities of 91 Days or More	$	8,461	$	-	$	8,461
Corporate Notes and Bonds		14,990		8,629		23,619
Total Investments	$	23,451	$	8,629	$	32,080

The Company also maintains excess funds within level 2 money market accounts included within cash and cash equivalents. Cash available in our money market accounts at June 30, 2020 and December 31, 2019 was $6,182 and $7,200, respectively.