Quarterly report pursuant to Section 13 or 15(d)

INVESTMENTS IN MARKETABLE DEBT SECURITIES (Tables)

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INVESTMENTS IN MARKETABLE DEBT SECURITIES (Tables)
6 Months Ended
Dec. 31, 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 and consist of the following (in thousands):

December 31, 

June 30, 

2023

    

2023

Short-term investments

$

80,094

$

85,860

Long-term investments

3,352

16,470

Total investments

$

83,446

$

102,330

Schedule of marketable securities recorded at fair value

For the three and six months ended December 31, 2023, the Company did not recognize any allowance for credit losses or other than temporary impairment 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 December 31, 2023 (in thousands):

Gross Unrealized

Amortized Cost

    

Gains

    

Losses

    

Fair Value

Corporate commercial paper

$

32,733

$

29

$

(10)

$

32,752

Obligations of U.S. government agencies

18,770

(21)

18,749

U.S. Treasury obligations

1,002

(5)

997

Corporate notes and bonds

27,645

8

(57)

27,596

Asset-backed securities

3,344

11

(3)

3,352

Total

$

83,494

$

48

$

(96)

$

83,446