|
NOTE 4:
|
MARKETABLE SECURITIES
|
The following is a summary of available-for-sale marketable securities:
| |
|
March 31, 2026 (Unaudited)
|
|
| |
|
Amortized
cost
|
|
|
Gross
unrealized
gains
|
|
|
Gross
unrealized
losses
|
|
|
Fair
value
|
|
|
Available-for-sale - matures within one year:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
$ |
111,257 |
|
|
$ |
65 |
|
|
$ |
(297 |
) |
|
$ |
111,025 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale - matures after one year through four years:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
|
78,595 |
|
|
|
82 |
|
|
|
(512 |
) |
|
|
78,165 |
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
189,852 |
|
|
$ |
147 |
|
|
$ |
(809 |
) |
|
$ |
189,190 |
|
| |
|
December 31, 2025
|
|
| |
|
Amortized
cost |
|
|
Gross
unrealized
gains |
|
|
Gross
unrealized
losses |
|
|
Fair
value |
|
|
Available-for-sale - matures within one year:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
$ |
106,154 |
|
|
$ |
157 |
|
|
$ |
(407 |
) |
|
$ |
105,904 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale - matures after one year through three years:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
|
73,103 |
|
|
|
366 |
|
|
|
(71 |
) |
|
|
73,398 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
179,257 |
|
|
$ |
523 |
|
|
$ |
(478 |
) |
|
$ |
179,302 |
|
The following table presents gross unrealized losses and fair values for those investments that were in an unrealized loss position as of March 31, 2026 and December 31, 2025 and the length of time that those investments have been in a continuous loss position:
| |
|
Less than 12 months
|
|
|
12 months or greater
|
|
| |
|
Fair value
|
|
|
Gross
unrealized
loss
|
|
|
Fair value
|
|
|
Gross
unrealized
loss
|
|
|
As of March 31, 2026 (unaudited)
|
|
$ |
99,907 |
|
|
$ |
(582 |
) |
|
$ |
25,012 |
|
|
$ |
(227 |
) |
|
As of December 31, 2025
|
|
$ |
65,252 |
|
|
$ |
(115 |
) |
|
$ |
32,678 |
|
|
$ |
(363 |
) |
As of March 31, 2026, the allowance for credit losses was not material.
For the three months ended March 31, 2026 and 2025, the Company did not sell any available‑for‑sale marketable securities and therefore recognized no gains or losses from such sales during these periods.
|