v3.25.2
Financial Investments
6 Months Ended
Jun. 30, 2025
Financial Investments  
Financial Investments

Note 3 Financial Investments

 

The financial investments are classified as held-to-maturity (“HTM”) because management has the intent and ability to hold the securities until maturity. These investments include time deposits with original maturities of one year or less, but greater than 90 days and are recorded at amortized cost in the condensed consolidated balance sheets.

 

 

 

June 30, 2025

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

HTM securities, at cost:

 

 

 

 

 

 

 

 

 

 

 

Time deposits

$

201,204

 

$

73

 

$

(197)

 

$

201,081

 

 

 

December 31, 2024

 

 

Amortized Cost

 

 

Unrealized Gains

 

 

Unrealized Losses

 

 

Fair Value

HTM securities, at cost:

 

 

 

 

 

 

 

 

 

 

 

Time deposits

$

247,012

 

$

398

 

$

(127)

 

$

247,283

 

No allowances for credit losses were recognized as of June 30, 2025 and December 31, 2024.