Investments - Short-Term |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Apr. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Investments - Short-Term | Note 6. Investments – Short-Term The Company began to invest in U.S. Treasury Securities during fiscal year 2023. The outstanding U.S. Treasury Securities are classified as held-to-maturity and are recorded at amortized cost. The contractual maturities of investments as of April 30, 2025 and October 31, 2024 were within one year and the weighted average yield to maturity was 4.31% and 4.78%, respectively. The following table summarizes the amortized cost basis and fair value (based on quoted market prices) of U.S. Treasury Securities as of April 30, 2025 and October 31, 2024 (in thousands):
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