Investments in Debt Securities |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in Debt Securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investments in Debt Securities | 6. Investments in Debt Securities Investments in debt securities consist of AA and A rated government issued treasury bills, treasury notes, government sponsored discount notes, corporate bonds, and certificates of deposits bearing interest at rates from 3.55% to 4.34% with maturities from September 2026 to May 2029. The components of investments in debt securities are as follows (in thousands):
The fair value of available-for-sale debt securities, by contractual maturity, as of June 30, 2026, was as follows (in thousands):
Net accretion of discounts on the debt securities purchased amounted to approximately $194,000 for the year ended June 30, 2026. There was no amortization of premiums or accretion of discounts on debt securities for year ended June 30, 2025. There were no credit losses or impairment on available-for-sale debt securities recognized for the year ended June 30, 2026 or the year ended June 30, 2025. See Note 3 - Summary of Significant Accounting Policies for additional information. |
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