Annual report pursuant to Section 13 and 15(d)

Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)

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Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)
 12 Months Ended
Dec. 31, 2021
Cash and Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Consolidated Balance Sheets to the total of the amounts in the Consolidated Statements of Cash Flows as of December 31, 2021, December 31, 2020 and December 31, 2019 (in thousands):

 

 

    December 31,
2021		     December 31,
2020		     December 31,
2019		  
Cash and cash equivalents   $ 21,030     $ 12,432     $ 22,170  
Restricted cash included in current/long term assets     250       336       586  
Cash, cash equivalents and restricted cash in the statements of cash flows   $ 21,280     $ 12,768     $ 22,756  
Summary of Marketable Securities

The following tables summarizes the Company’s marketable securities for the year ended December 31, 2021 consisted of the following (in thousands):

 

    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
    Amortized Cost    

Unrealized

Gain

     Unrealized (Loss)      
Fair Value		  
U.S. Government Notes   $ 19,395     $ 2     $ (120 )   $ 19,277  
Corporate Debt Securities     9,092       —       (27 )     9,065  
State and Municipal Bonds     250       —       —       250  
Total marketable securities   $ 28,737     $ 2     $ (147 )   $ 28,592  
 

The following tables summarizes the Company’s marketable securities for the year ended December 31, 2020 consisted of the following (in thousands):

 

    Amortized Cost     Unrealized Gain     Unrealized (Loss)     Fair Value  
    Amortized Cost     Unrealized Gain     Unrealized (Loss)      
Fair Value		  
U.S. Treasury Bonds   $ 18,293     $ 136     $ —     $ 18,429  
U.S. Government Notes     22,148       82       —       22,230  
Corporate Debt Securities     4,303       3       —       4,306  
State and Municipal Bonds     1,275       7       —       1,282  
Total marketable securities   $ 46,019     $ 228     $ —     $ 46,247  
 
Schedule of Maturities of Debt Securities Available-for-sale

Maturities of debt securities classified as available-for-sale were as follows at December 31, 2021 (in thousands):

 

    Fair Value     Net Carrying Amount  
Due within one year   $ 8,257     $ 8,310  
Due after one year through five years     20,335       20,402  
    $ 28,592     $ 28,712  

Maturities of debt securities classified as available-for-sale were as follows at December 31, 2020 (in thousands):

 

    Fair Value     Net Carrying Amount  
Due within one year   $ 31,438     $ 31,602  
Due after one year through five years     14,809       14,845  
    $ 46,247     $ 46,447