Quarterly report pursuant to Section 13 or 15(d)

SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS

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SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS
Short Term Investments

The Company's short term investments are classified as below with maturities of twelve months or less, unrealized gains and losses were immaterial for the periods presented:

Security Type Fair Value
March 31,
2020
December 31,
2019
(in thousands)
Government $ 1,027    $ 1,012   
Asset Backed 2,895    4,854   
Industrial 4,443    5,034   
Financial 4,937    6,879   
$ 13,302    $ 17,779   
Prepaid Expenses and Other Current Assets

The components of prepaid expenses and other current assets are as presented below:
March 31,
2020
December 31,
2019
(in thousands)
Prepaid income tax $ 3,182    $ —   
Other prepaid expenses and other current assets 263    288   
  $ 3,445    $ 288