|3 Months Ended|
Mar. 31, 2020
We classify investments as held-to-maturity when we have the positive intent and ability to hold the securities to maturity.
During the three months ended March 31, 2019, we invested in commercial papers that were classified as investments held-to-maturity. As of March 31, 2019, both amortized cost value and fair value were $6.5 million with zero unrealized gain or loss. We did not recognize an other-than-temporary impairment or comprehensive gain or loss for the three months ended March 31, 2019.
As of March 31, 2020 and December 31, 2019, we did not have any investments classified as held-to-maturity.
We recorded interest and investment income of $57,000 and $106,000 for the three months ended March 31, 2020 and 2019, respectively, associated with our cash and investment accounts.
The entire disclosure for investments in certain debt and equity securities.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef