Stamps.com 2004 Annual Report Download - page 48

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F-13
STAMPS.COM INC.
NOTES TO FINANCIAL STATEMENTS (continued)
4. Cash, Cash Equivalents and Investments
The following table summarizes the Company’ s cash, restricted cash and investments as of December 31,
2004 and 2003 (in thousands):
December 31, 2004
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Cash and cash equivalents :
Cash ........................................................................... $ 10,191 $
—
$
—
$ 10,191
Money market............................................................. 1,007
—
—
1,007
Cash and cash equivalents.................................... 11,198
—
—
11,198
Restricted cash:
Corporate notes and bonds ......................................... 554
—
—
554
Restricted cash...................................................... 554
—
—
554
Short term investments:
Corporate notes and bonds ........................................ 1,502 (3) 1,499
U.S. Government and agency securities ..................... 16,840
—
(44) 16,796
Short term investments......................................... 18,342
—
(47) 18,295
Long term investments:
U.S. Government and agency securities ..................... 20,329
—
(87) 20,242
Corporate notes and bonds ......................................... 37,483
—
(565) 36,918
Long term investments ......................................... 57,812
—
(652) 57,160
Cash and equivalents, restricted cash,
short-term and long term investments................ $ 87,906 $
—
$ (699) $ 87,207
December 31, 2003
Cost or
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Fair Value
Cash and cash equivalents :
Cash ........................................................................... $ 6,145 $
—
$
—
$6,145
Money market............................................................. 18,381
—
—
18,381
Cash and cash equivalents.................................... 24,526
—
—
24,526
Restricted cash:
Certificates of deposit................................................. 368
—
—
368
Corporate notes and bonds ......................................... 554
—
—
554
Money market............................................................. 2,800
—
—
2,800
Restricted cash...................................................... 3,722
—
—
3,722
Short term investments:
Corporate notes and bonds ......................................... 35,378 132 (1) 35,509
U.S. Government and agency securities ..................... 12,104 75
—
12,179
Short term investments......................................... 47,482 207 (1) 47,688
Long term investments:
U.S. Government and agency securities ..................... 13,848 4 (11) 13,841
Corporate notes and bonds ......................................... 73,272 26 (301) 72,997
Long term investments ......................................... 87,120 30 (312) 86,838
Cash and equivalents, restricted cash,
short-term and long term investments .............. $ 162,850 $ 237 $ (313) $ 162,774