| Cash, Cash Equivalents and Marketable Securities |
Note 4. Cash, cash equivalents and marketable securities A summary of cash, cash equivalents and marketable securities held by the Company as at June 30, 2026 and December 31, 2025 is as follows:
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As at June 30, 2026 |
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(In thousands of USD) |
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Amortized Cost |
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Unrealized gains |
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Unrealized losses |
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Fair Value |
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Cash and cash equivalents: |
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Cash |
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160,175 |
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— |
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— |
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160,175 |
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Money market funds (Level 1) |
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263,976 |
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— |
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— |
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263,976 |
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Total cash and cash equivalents |
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424,151 |
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— |
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— |
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424,151 |
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Marketable securities |
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US government securities due within one year (Level 1) |
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182,740 |
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7 |
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(276 |
) |
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182,471 |
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US government agency securities due within one year (Level 2) |
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27,267 |
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— |
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(35 |
) |
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27,232 |
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US government securities due between one and two years (Level 1) |
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26,812 |
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— |
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(158 |
) |
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26,654 |
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US government agency securities due between one and two years (Level 2) |
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17,854 |
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— |
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(99 |
) |
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17,755 |
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Total marketable securities |
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254,673 |
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7 |
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(568 |
) |
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254,112 |
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As at December 31, 2025 |
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(In thousands of USD) |
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Amortized Cost |
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|
Unrealized gains |
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Unrealized losses |
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Fair Value |
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Cash and cash equivalents: |
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Cash |
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219,394 |
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— |
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— |
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219,394 |
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Money market funds (Level 1) |
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270,608 |
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— |
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— |
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270,608 |
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Total cash and cash equivalents |
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490,002 |
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— |
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— |
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490,002 |
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Marketable securities |
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US government securities due within one year (Level 1) |
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138,083 |
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206 |
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— |
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138,289 |
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US government agency securities due within one year (Level 2) |
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7,946 |
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5 |
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(1 |
) |
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7,950 |
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US government securities due between one and two years (Level 1) |
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70,701 |
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131 |
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(2 |
) |
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70,830 |
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US government agency securities due between one and two years (Level 2) |
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21,747 |
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33 |
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(1 |
) |
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21,779 |
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Total marketable securities |
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238,477 |
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|
375 |
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(4 |
) |
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238,848 |
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