Investments - Short-Term |
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jul. 31, 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. Outstanding U.S. Treasury Securities were classified as held-to-maturity and were recorded at amortized cost. The contractual maturities of the outstanding investments as of October 31, 2024 were within one year and the weighted average yield to maturity was 4.78%. These investments matured during the nine month period ended July 31, 2025. The following table summarizes the amortized cost basis and fair value (based on quoted market prices) of U.S. Treasury Securities as of July 31, 2025 and October 31, 2024 (in thousands):
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