| Schedule of Marketable Securities |
The following is a summary of marketable securities held by the Company at March 31, 2026 classified as short-term and long-term (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized
Cost |
|
|
Unrealized
Losses |
|
|
Fair
Value |
|
Type of security: |
|
|
|
|
|
|
|
|
U.S. government and municipal obligations |
$ |
12,050 |
|
|
$ |
(3 |
) |
|
$ |
12,047 |
|
Commercial paper |
|
48,793 |
|
|
|
— |
|
|
|
48,793 |
|
Corporate bonds |
|
6,169 |
|
|
|
(10 |
) |
|
|
6,159 |
|
Certificates of deposit |
|
6,048 |
|
|
|
— |
|
|
|
6,048 |
|
Agency bonds |
|
8,413 |
|
|
|
(2 |
) |
|
|
8,411 |
|
Total short-term marketable securities |
|
81,473 |
|
|
|
(15 |
) |
|
|
81,458 |
|
U.S. government and municipal obligations |
|
4,045 |
|
|
|
(10 |
) |
|
|
4,035 |
|
Agency bonds |
|
33,254 |
|
|
|
(101 |
) |
|
|
33,153 |
|
Total long-term marketable securities |
|
37,299 |
|
|
|
(111 |
) |
|
|
37,188 |
|
Total marketable securities |
$ |
118,772 |
|
|
$ |
(126 |
) |
|
$ |
118,646 |
|
The following is a summary of marketable securities held by the Company at March 31, 2025, classified as short-term and long-term (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
Amortized
Cost |
|
|
Unrealized
Gains (Losses) |
|
|
Fair
Value |
|
Type of security: |
|
|
|
|
|
|
|
|
U.S. government and municipal obligations |
$ |
4,413 |
|
|
$ |
1 |
|
|
$ |
4,414 |
|
Commercial paper |
|
17,358 |
|
|
|
— |
|
|
|
17,358 |
|
Certificates of deposit |
|
505 |
|
|
|
— |
|
|
|
505 |
|
Total short-term marketable securities |
|
22,276 |
|
|
|
1 |
|
|
|
22,277 |
|
U.S. government and municipal obligations |
|
1,005 |
|
|
|
(1 |
) |
|
|
1,004 |
|
Total long-term marketable securities |
|
1,005 |
|
|
|
(1 |
) |
|
|
1,004 |
|
Total marketable securities |
$ |
23,281 |
|
|
$ |
— |
|
|
$ |
23,281 |
|
|
| Schedule of Contractual Maturities of Marketable Securities |
Contractual maturities of the Company's marketable securities held at March 31, 2026 and 2025 (in thousands) were as follows:
|
|
|
|
|
|
|
|
|
March 31, 2026 |
|
|
March 31, 2025 |
|
Available-for-sale securities: |
|
|
|
|
|
Due in 1 year or less |
$ |
81,458 |
|
|
$ |
22,277 |
|
Due after 1 year through 5 years |
|
37,188 |
|
|
|
1,004 |
|
|
$ |
118,646 |
|
|
$ |
23,281 |
|
|