The following table summarizes the Company’s available-for-sale marketable securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2026 |
|
|
|
Amortized
Cost |
|
|
Gross Unrealized
Gains |
|
|
Gross Unrealized
Losses |
|
|
Estimated Fair
Value |
|
|
|
(In thousands) |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other government-backed securities |
|
$ |
192,071 |
|
|
$ |
51 |
|
|
$ |
(281 |
) |
|
$ |
191,841 |
|
Financial institution debt securities |
|
|
116,598 |
|
|
|
106 |
|
|
|
(160 |
) |
|
|
116,544 |
|
Corporate debt securities |
|
|
74,119 |
|
|
|
106 |
|
|
|
(60 |
) |
|
|
74,165 |
|
Total |
|
$ |
382,788 |
|
|
$ |
263 |
|
|
$ |
(501 |
) |
|
$ |
382,550 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2025 |
|
|
|
Amortized
Cost |
|
|
Gross Unrealized
Gains |
|
|
Gross Unrealized
Losses |
|
|
Estimated Fair
Value |
|
|
|
(In thousands) |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other government-backed securities |
|
$ |
220,790 |
|
|
$ |
345 |
|
|
$ |
(18 |
) |
|
$ |
221,117 |
|
Financial institution debt securities |
|
|
146,375 |
|
|
|
458 |
|
|
|
(18 |
) |
|
|
146,815 |
|
Corporate debt securities |
|
|
81,478 |
|
|
|
266 |
|
|
|
(6 |
) |
|
|
81,738 |
|
Total |
|
$ |
448,643 |
|
|
$ |
1,069 |
|
|
$ |
(42 |
) |
|
$ |
449,670 |
|
|