Note 8 - Investment Securities

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

8. 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 2 inputs.

The maturity dates of our investments as of June 30, 2021 are as follows:

	Less than one year		1-5 years		Total
Commercial Paper Original Maturities of 91 Days or More	$	13,389	$	-	$	13,389
Corporate Notes and Bonds		9,633		3,794		13,427
Total Investments	$	23,022	$	3,794	$	26,816

The maturity dates of our investments as of December 31, 2020 are as follows:

	Less than one year		1-5 years		Total
Commercial Paper Original Maturities of 91 Days or More	$	7,490	$	-	$	7,490
Corporate Notes and Bonds		12,303		5,085		17,388
Total Investments	$	19,793	$	5,085	$	24,878

The Company also maintains excess funds within level 1 money market accounts included within cash and cash equivalents. Cash available in our money market accounts at June 30, 2021 and December 31, 2020 was $3,260 and $6,697, respectively.