Marketable Securities and Strategic Investments |
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| Marketable Securities and Strategic Investments | 6. Marketable Securities and Strategic Investments Marketable Securities The following is a summary of the Company’s marketable securities as of June 30, 2025 and December 31, 2024:
The Company believes it is more likely than not that its marketable securities in an unrealized loss position will be held until maturity or the recovery of the cost basis of the investment. To date, the Company has not recorded any allowance for credit losses on its investment securities. The Company determined that the unrealized losses were not attributed to credit risk but were primarily driven by the broader change in interest rates. As of June 30, 2025, $1.3 million of the Company’s marketable securities had maturities of 12 to 36 months while the remaining marketable securities had maturities of less than 12 months. For the three and six months ended June 30, 2025 and 2024, the Company did not recognize any realized gains or losses on its marketable securities. Strategic Investments The Company’s long-term strategic investments as of June 30, 2025 represent investments made in Vivasure in 2022, 2021 and 2020 that were originally recorded at cost. There were no observable price changes, other than as described below, or impairments identified during the six months ended June 30, 2025 and 2024 related to these investments. |
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