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MARKETABLE SECURITIES AND ACCRUED INTEREST
12 Months Ended
Dec. 31, 2019
MARKETABLE SECURITIES AND ACCRUED INTEREST  
MARKETABLE SECURITIES AND ACCRUED INTEREST

NOTE 4:-     MARKETABLE SECURITIES AND ACCRUED INTEREST

The following is a summary of available-for-sale marketable securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31, 2018

 

 

Amortized

 

Unrealized

 

Unrealized

 

Fair

 

    

cost

    

gains

    

losses

    

Value

Corporate bonds:

 

 

 

 

 

 

 

 

 

 

 

 

Maturing within one year

 

$

19,463

 

$

 —

 

$

(32)

 

$

19,431

Accrued interest

 

 

171

 

 

 —

 

 

 —

 

 

171

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2018

 

$

19,634

 

$

 —

 

$

(32)

 

$

19,602

 

These investments were issued by highly rated corporations. Accordingly, the securities were not settled at a price less than the amortized cost of the Group’s investment. As of December 31, 2018, the Group did not have any investments in marketable securities that were in an unrealized loss position for a period of twelve months or greater. Since the Group had the ability and intent to hold these investments until an anticipated recovery of fair value, which was until maturity, the Group did not consider these investments to be other-than-temporarily impaired as of December 31, 2018. Unrealized gains (losses) are valued using alternative pricing sources and models utilizing observable market inputs.

As of December 31, 2019, the Group did not have any investments in marketable securities.