Annual report pursuant to Section 13 and 15(d)

Cash and Cash Equivalents

v3.20.4
Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2020
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents Cash and Cash Equivalents
Our cash equivalents consisted of money market funds at December 31, 2020 and 2019. We consider all highly liquid investments with an original or remaining maturity of three months or less at the date of purchase to be cash equivalents. At December 31, 2020 and 2019, we had no material investments.
The following tables summarize our cash and cash equivalents as of December 31, 2020 and 2019 (in thousands):
  December 31, 2020
    Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
 
Estimated
Fair Value
Cash and cash equivalents:
Cash $ 436,720  $ —  $ —  $ 436,720 
Money market 6,832  —  —  6,832 
Cash and cash equivalents $ 443,552  $ —  $ —  $ 443,552 
 
  December 31, 2019
    Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Cash and cash equivalents:        
Cash $ 149,508  $ —  $ —  $ 149,508 
Money market 6,799  —  —  6,799 
Cash and cash equivalents $ 156,307  $ —  $ —  $ 156,307