Annual report pursuant to Section 13 and 15(d)

Investments

v3.20.4
Investments
12 Months Ended
Dec. 31, 2020
Investments, Debt and Equity Securities [Abstract]  
Investments Investments
At December 31, 2020, the Company had $126.0 million and $24.4 million of short and long term investments, respectively, mainly of commercial paper and bonds as summarized below. The Company had no investments as of December 31, 2019. These instruments are carried at fair market value which is approximately equal to amortized cost.

December 31,
(in thousands) 2020 2019
Cashable Guaranteed Investment Certificate (GIC) 2,000  — 
Corporate Bond 40,372  — 
Commercial Paper 67,747  — 
Treasury Bill 7,999  — 
Treasury Bond 5,045  — 
Yankee Bond 2,816  — 
Total short term investments $ 125,979  $ — 
Corporate Bonds - total long term investments 24,380  — 
Total investments $ 150,359  $ —