| Summary of Cash, Cash Equivalents and Marketable Securities |
A summary of cash, cash equivalents and marketable securities held by the Company as of June 30, 2025 and December 31, 2024 is as follows:
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As at June 30, 2025 |
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(In thousands of USD) |
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Amortized Cost |
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Unrealized gains |
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Unrealized losses |
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Fair Value |
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Cash and cash equivalents: |
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Cash |
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530,905 |
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— |
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— |
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530,905 |
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Money market funds (Level 1) |
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32,959 |
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— |
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— |
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32,959 |
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Total cash and cash equivalents |
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563,864 |
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— |
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— |
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563,864 |
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Marketable securities |
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US government securities due within one year (Level 1) |
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150,762 |
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1 |
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(99 |
) |
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150,664 |
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US government agency securities due within one year (Level 2) |
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24,641 |
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— |
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(7 |
) |
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24,634 |
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US government securities due between one and two years (Level 1) |
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44,162 |
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14 |
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(4 |
) |
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44,172 |
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Total marketable securities |
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219,565 |
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15 |
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(110 |
) |
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219,470 |
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As at December 31, 2024 |
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(In thousands of USD) |
|
Amortized Cost |
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|
Unrealized gains |
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|
Unrealized losses |
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Fair Value |
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Cash and cash equivalents: |
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Cash |
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733,826 |
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— |
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— |
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733,826 |
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Money market funds (Level 1) |
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25,444 |
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— |
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— |
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25,444 |
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US government agency securities (Level 2) |
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12,473 |
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— |
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— |
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12,473 |
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Total cash and cash equivalents |
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771,743 |
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— |
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— |
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771,743 |
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Marketable securities |
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US government securities due within one year (Level 1) |
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37,711 |
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34 |
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— |
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37,745 |
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US government agency securities due within one year (Level 2) |
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24,691 |
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11 |
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— |
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24,702 |
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Total marketable securities |
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62,402 |
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45 |
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— |
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62,447 |
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