Accumulated other comprehensive income consisted of the following (in thousands): | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2025 | | Unrealized gains on marketable securities | | Foreign currency translation adjustments | | Total | Balance at December 31, 2024 | $ | 18 | | | $ | 21 | | | $ | 39 | | Other comprehensive (loss) income before reclassifications, net of tax(1) | (50) | | 121 | | 71 | Amounts reclassified from accumulated other comprehensive income, net of tax(2) | — | | — | | — | Net current period other comprehensive (loss) income | (50) | | 121 | | 71 | Balance at March 31, 2025 | $ | (32) | | | $ | 142 | | | $ | 110 | |
| | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2024 | | Unrealized gains on marketable securities | | Foreign currency translation adjustments | | Total | Balance at December 31, 2023 | $ | 2,829 | | | $ | (10) | | | $ | 2,819 | | Other comprehensive income before reclassifications, net of tax(1) | 2,398 | | 21 | | 2,419 | Amounts reclassified from accumulated other comprehensive income, net of tax(2) | (2,488) | | — | | (2,488) | Net current period other comprehensive (loss) income | (90) | | 21 | | (69) | Balance at March 31, 2024 | $ | 2,739 | | | $ | 11 | | | $ | 2,750 | | ________________________________(1) Represents unrealized losses of $0.1 million, net of tax benefit of $0, for the three months ended March 31, 2025 and unrealized gains of $3.3 million, net of tax expense of $0.9 million, for the three months ended March 31, 2024. (2) The effects on net income of amounts reclassified from accumulated other comprehensive income were as follows (in thousands):
| | | | | | | | | | | | | | | | | | | | | Details about Accumulated Other Comprehensive Income Component | | Three Months Ended March 31, | | Affected Line Item in Statement of Operations | | 2025 | | 2024 | | Gains on marketable securities | | $ | — | | | $ | 3,395 | | | Interest and other income, net | | | — | | | 3,395 | | | Income before income taxes | | | — | | | 907 | | | Provision for income taxes | | | $ | — | | | $ | 2,488 | | | Net income |
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