| Summary of Estimated Fair Value of Cash, Cash Equivalents and Marketable Securities |
The following tables summarize the estimated fair value of our cash, cash equivalents and marketable securities and the gross unrealized holding gains and losses (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
November 2, 2024 |
|
|
|
Amortized
Cost |
|
|
Gross
Unrealized
Holding
Gains |
|
|
Gross
Unrealized
Holding
Losses |
|
|
Estimated
Fair Value |
|
Cash and cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
7,637 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
7,637 |
|
Money market funds |
|
|
40,905 |
|
|
|
— |
|
|
|
— |
|
|
|
40,905 |
|
Total cash and cash equivalents |
|
|
48,542 |
|
|
|
— |
|
|
|
— |
|
|
|
48,542 |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. treasury and government agency securities |
|
|
15,355 |
|
|
|
— |
|
|
|
(2,777 |
) |
|
|
12,578 |
|
Corporate debt securities |
|
|
18,232 |
|
|
|
— |
|
|
|
(195 |
) |
|
|
18,037 |
|
State and local government securities |
|
|
500 |
|
|
|
— |
|
|
|
(3 |
) |
|
|
497 |
|
Certificate of deposits |
|
|
16,208 |
|
|
|
— |
|
|
|
— |
|
|
|
16,208 |
|
Variable-rate demand notes |
|
|
3,440 |
|
|
|
— |
|
|
|
— |
|
|
|
3,440 |
|
Total marketable securities |
|
$ |
53,735 |
|
|
$ |
— |
|
|
$ |
(2,975 |
) |
|
$ |
50,760 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
February 3, 2024 |
|
|
|
Amortized
Cost |
|
|
Gross
Unrealized
Holding
Gains |
|
|
Gross
Unrealized
Holding
Losses |
|
|
Estimated
Fair Value |
|
Cash and cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
$ |
38,188 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
38,188 |
|
Money market funds |
|
|
11,322 |
|
|
|
— |
|
|
|
— |
|
|
|
11,322 |
|
Corporate debt securities |
|
|
39,374 |
|
|
|
— |
|
|
|
(9 |
) |
|
|
39,365 |
|
Total cash and cash equivalents |
|
|
88,884 |
|
|
|
— |
|
|
|
(9 |
) |
|
|
88,875 |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
U.S. treasury and government agency securities |
|
|
17,610 |
|
|
|
— |
|
|
|
(2,834 |
) |
|
|
14,776 |
|
Corporate debt securities |
|
|
41,218 |
|
|
|
1 |
|
|
|
(948 |
) |
|
|
40,271 |
|
State and local government securities |
|
|
6,525 |
|
|
|
— |
|
|
|
(105 |
) |
|
|
6,420 |
|
Certificates of deposit |
|
|
16,607 |
|
|
|
— |
|
|
|
— |
|
|
|
16,607 |
|
Variable-rate demand notes |
|
|
4,630 |
|
|
|
— |
|
|
|
— |
|
|
|
4,630 |
|
Total marketable securities |
|
$ |
86,590 |
|
|
$ |
1 |
|
|
$ |
(3,887 |
) |
|
$ |
82,704 |
|
|
| Summary of Gross Unrealized Holding Losses and Fair Value for Investments in an Unrealized Loss Position |
The following tables summarize the gross unrealized holding losses and fair value for investments in an unrealized loss position, and the length of time that individual securities have been in a continuous loss position (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
November 2, 2024 |
|
|
|
Less Than 12 Months |
|
|
12 Months or Greater |
|
|
Total |
|
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. treasury and government agency securities |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
12,577 |
|
|
$ |
(2,777 |
) |
|
$ |
12,577 |
|
|
$ |
(2,777 |
) |
Corporate debt securities |
|
|
— |
|
|
|
— |
|
|
|
17,037 |
|
|
|
(195 |
) |
|
|
17,037 |
|
|
|
(195 |
) |
State and local government securities |
|
|
— |
|
|
|
— |
|
|
|
497 |
|
|
|
(3 |
) |
|
|
497 |
|
|
|
(3 |
) |
Total marketable securities |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30,111 |
|
|
$ |
(2,975 |
) |
|
$ |
30,111 |
|
|
$ |
(2,975 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
February 3, 2024 |
|
|
|
Less Than 12 Months |
|
|
12 Months or Greater |
|
|
Total |
|
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
|
Fair Value |
|
|
Unrealized
Losses |
|
Cash and cash equivalents: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate debt securities |
|
$ |
29,093 |
|
|
$ |
(9 |
) |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
29,093 |
|
|
$ |
(9 |
) |
Total cash and cash equivalents |
|
|
29,093 |
|
|
|
(9 |
) |
|
|
— |
|
|
|
— |
|
|
|
29,093 |
|
|
|
(9 |
) |
Marketable securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. treasury and government agency securities |
|
|
— |
|
|
|
— |
|
|
|
14,777 |
|
|
|
(2,834 |
) |
|
|
14,777 |
|
|
|
(2,834 |
) |
Corporate debt securities |
|
|
— |
|
|
|
— |
|
|
|
37,878 |
|
|
|
(948 |
) |
|
|
37,878 |
|
|
|
(948 |
) |
State and local government securities |
|
|
— |
|
|
|
— |
|
|
|
6,420 |
|
|
|
(105 |
) |
|
|
6,420 |
|
|
|
(105 |
) |
Total marketable securities |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
59,075 |
|
|
$ |
(3,887 |
) |
|
$ |
59,075 |
|
|
$ |
(3,887 |
) |
|