Other comprehensive (loss) income consists of two components: unrealized gains or losses on the Company’s available-for-sale marketable investments, non-marketable investments, and gains or losses from foreign currency translation adjustments. Until realized and reported as a component of consolidated net (loss) income, these comprehensive (loss) income items accumulate and are included within accumulated other comprehensive (loss) income. Unrealized gains and losses on our marketable investments are reclassified from accumulated other comprehensive (loss) income into earnings when realized upon sale, and are determined based on specific identification of securities sold. Gains and losses from the translation of assets and liabilities denominated in non-U.S. dollar functional currencies are included in accumulated other comprehensive (loss) income.

The following table summarizes the changes in the accumulated balances during the period, and includes information regarding the manner in which the reclassifications out of accumulated other comprehensive (loss) income into earnings affect our condensed consolidated statements of comprehensive income (loss) (in thousands):


	Three Months Ended June 30, 2024								Three Months Ended June 30, 2023
	Marketable Investments		Non-Marketable Investments		Currency Translation Adjustments		Total		Marketable Investments		Non-Marketable Investments		Currency Translation Adjustments		Total
Balance, beginning of the period	$	(392)	$	—	$	(4,446)	$	(4,838)	$	(2,640)	$	—	$	(4,221)	$	(6,861)
Other comprehensive loss before reclassifications:
Unrealized gains — investments	145		96		—		241		628		—		—		628

Foreign currency translation (losses) gains	—		—		(451)		(451)		—		—		654		654
Income tax effect — expense	—		—		—		—		—		—		—		—
Net of tax	145		96		(451)		(210)		628		—		654		1,282




Net current-year other comprehensive (loss) income	145		96		(451)		(210)		628		—		654		1,282
Balance, end of the period	$	(247)	$	96	$	(4,897)	$	(5,048)	$	(2,012)	$	—	$	(3,567)	$	(5,579)


	Six Months Ended June 30, 2024								Six Months Ended June 30, 2023
	Marketable Investments		Non-Marketable Investments		Currency Translation Adjustments		Total		Marketable Investments		Non-Marketable Investments		Currency Translation Adjustments		Total
Balance, beginning of the period	$	(558)	$	—	$	(2,593)	$	(3,151)	$	(3,500)	$	—	$	(4,624)	$	(8,124)
Other comprehensive loss before reclassifications:
Unrealized (loss) gain — investments	311		96		—		407		1,488		—		—		1,488
Foreign currency translation (losses) gains	—		—		(2,308)		(2,308)		—		—		1,057		1,057
Income tax effect — expense	—		—		4		4		—		—		—		—
Net of tax	311		96		(2,304)		(1,897)		1,488		—		1,057		2,545




Net current-year other comprehensive (loss) income	311		96		(2,304)		(1,897)		1,488		—		1,057		2,545
Balance, end of the period	$	(247)	$	96	$	(4,897)	$	(5,048)	$	(2,012)	$	—	$	(3,567)	$	(5,579)