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)
9 Months Ended
Mar. 31, 2024
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):

March 31, 

June 30, 

2024

    

2023

Short-term investments

$

74,092

$

85,860

Long-term investments

1,573

16,470

Total investments

$

75,665

$

102,330

Schedule of marketable securities recorded at fair value

For the three and nine months ended March 31, 2024, 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 March 31, 2024 (in thousands):

Gross Unrealized

Amortized Cost

    

Gains

    

Losses

    

Fair Value

Corporate commercial paper

$

22,573

$

1

$

(9)

$

22,565

Obligations of U.S. government agencies

11,324

(11)

11,313

U.S. Treasury obligations

1,001

(6)

995

Corporate notes and bonds

38,507

1

(69)

38,439

Asset-backed securities

2,338

16

(1)

2,353

Total

$

75,743

$

18

$

(96)

$

75,665