2. Investments Investments consist of the following: | | | | | | | | | April 30, | | | 2024 | | 2023 | Long-term investments: | | | | | | | Available-for-sale securities: | | | | | | | Equity securities and warrants | | | 1,027 | | | 4,969 | Total long-term available-for-sale securities investments | | | 1,027 | | | 4,969 | Equity method investments | | | | | | | Investments in limited partnership funds | | | 19,933 | | | 18,644 | Total equity method investments | | | 19,933 | | | 18,644 | Total long-term investments | | $ | 20,960 | | $ | 23,613 |
Equity Securities Equity securities and warrants are measured at fair value with net unrealized losses from changes in the fair value recognized in other expense, net. | | | | | | | | | Year Ended | | Year Ended | | | April 30, 2024 | | April 30, 2023 | Net losses recognized during the period on equity securities | | $ | (3,945) | | $ | (132) | Less: Net loss recognized during the period on equity securities sold during the period | | | — | | | — | Unrealized loss recognized during the period on equity securities still held at the reporting date | | $ | (3,945) | | $ | (132) |
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