Investments |
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| Investments | 3. Investments As of June 30, 2026 the Company had investments of $103,466 classified as available-for-sale securities.
For the six months ended June 30, 2026 and 2025, the net unrealized gains and (losses) were ($656) and $165, respectively, net of taxes. Available-for-sale securities are carried at fair value on the consolidated balance sheets. The Company estimates the lifetime expected credit losses for all available-for-sale debt securities in an unrealized loss position. If our assessment indicates that an expected credit loss exists, we determine the portion of the unrealized loss attributable to credit deterioration and record a reserve for the expected credit loss in the allowance for credit losses in technology and academic services in our consolidated income statements. Based on the nature of securities there is no allowance recorded for available-for-sale debt securities.
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