Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MARKETABLE DEBT SECURITIES (Tables)

v3.23.3
INVESTMENTS IN MARKETABLE DEBT SECURITIES (Tables)
3 Months Ended
Sep. 30, 2023
INVESTMENTS IN MARKETABLE DEBT SECURITIES  
Schedule of investments in marketable securities, are accounted for as available-for-sale investments

Investments in marketable debt securities, are accounted for as available-for-sale investments consisting of the following (in thousands):

September 30, 

June 30, 

2023

    

2023

Short-term investments

$

90,673

$

85,860

Long-term investments

8,144

16,470

Total investments

$

98,817

$

102,330

Schedule of marketable securities recorded at fair value

For the three months ended September 30, 2023, the Company did not recognize any allowance for credit losses related to investments in marketable debt securities. The following table summarizes the cumulative unrealized gains and losses that result in differences between the amortized cost basis and fair value of the Company’s marketable debt securities held as of September 30, 2023 (in thousands):

Gross Unrealized

Amortized Cost

    

Gains

    

Losses

    

Fair Value

Corporate commercial paper

$

40,944

$

$

(45)

$

40,899

Obligations of U.S. government agencies

24,698

1

(59)

24,640

U.S. Treasury obligations

5,478

(13)

5,465

Corporate notes and bonds

23,742

(163)

23,579

Asset-backed securities

4,239

5

(10)

4,234

Total

$

99,101

$

6

$

(290)

$

98,817