|
4. Cash and cash equivalents and marketable securities
Cash and cash equivalents, and marketable securities consisted of the following:
|
|
|
September 30,
2012 |
|
December 31,
2011 |
|
|
Cash and cash equivalents: |
|
|
|
|
|
|
Cash |
|
$ |
11,587 |
|
$ |
12,851 |
|
|
Money market accounts |
|
45,763 |
|
81,082 |
|
|
Total cash and cash equivalents |
|
$ |
57,350 |
|
$ |
93,933 |
|
|
Short-term marketable securities—available-for-sale: |
|
|
|
|
|
|
Marketable securities |
|
$ |
37,219 |
|
$ |
— |
|
|
Total short-term marketable securities |
|
$ |
37,219 |
|
$ |
— |
|
All contractual maturities of marketable securities were less than one year at September 30, 2012. These consist primarily of corporate securities which include commercial paper and corporate debt instruments including notes issued by foreign or domestic corporations which pay in U.S. dollars and carry a rating of A or better. For the nine months ended September 30, 2012, and 2011, interest income was $128 and $29, respectively, which is included in interest and other income (expense), net in the accompanying condensed consolidated statements of operations. |