|
NOTE 4:
|
MARKETABLE SECURITIES
|
The following is a summary of available-for-sale marketable securities:
| |
|
June 30, 2026 (Unaudited)
|
|
| |
|
Amortized
cost
|
|
|
Gross
unrealized
gains
|
|
|
Gross
unrealized
losses
|
|
|
Fair
value
|
|
|
Available-for-sale - matures within one year:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
$ |
76,711 |
|
|
$ |
38 |
|
|
$ |
(174 |
) |
|
$ |
76,575 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale - matures after one year through four years:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
|
95,466 |
|
|
|
39 |
|
|
|
(809 |
) |
|
|
94,696 |
|
|
Total
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$ |
172,177 |
|
|
$ |
77 |
|
|
$ |
(983 |
) |
|
$ |
171,271 |
|
| |
|
December 31, 2025
|
|
| |
|
Amortized
cost |
|
|
Gross
unrealized
gains |
|
|
Gross
unrealized
losses |
|
|
Fair
value |
|
|
Available-for-sale - matures within one year:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
$ |
106,154 |
|
|
$ |
157 |
|
|
$ |
(407 |
) |
|
$ |
105,904 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Available-for-sale - matures after one year through three years:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Corporate bonds
|
|
|
73,103 |
|
|
|
366 |
|
|
|
(71 |
) |
|
|
73,398 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
|
|
$ |
179,257 |
|
|
$ |
523 |
|
|
$ |
(478 |
) |
|
$ |
179,302 |
|
The following table presents gross unrealized losses and fair values for those investments that were in an unrealized loss position as of June 30, 2026 and December 31, 2025 and the length of time that those investments have been in a continuous loss position:
| |
|
Less than 12 months
|
|
|
12 months or greater
|
|
| |
|
Fair value
|
|
|
Gross
unrealized
loss
|
|
|
Fair value
|
|
|
Gross
unrealized
loss
|
|
|
As of June 30, 2026 (unaudited)
|
|
$ |
107,428 |
|
|
$ |
(874 |
) |
|
$ |
19,037 |
|
|
$ |
(109 |
) |
|
As of December 31, 2025
|
|
$ |
65,252 |
|
|
$ |
(115 |
) |
|
$ |
32,678 |
|
|
$ |
(363 |
) |
As of June 30, 2026, the allowance for credit losses was not material.
The following table presents gross realized gains and losses from sale of available-for-sale marketable securities:
| |
|
Six months ended
June 30,
|
|
|
Three months ended
June 30,
|
|
| |
|
2026
|
|
|
2025
|
|
|
2026
|
|
|
2025
|
|
| |
|
(unaudited)
|
|
|
(unaudited)
|
|
|
(unaudited)
|
|
|
(unaudited)
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Gross realized gains from sale of available-for-sale marketable securities
|
|
$ |
— |
|
|
$ |
16 |
|
|
$ |
— |
|
|
$ |
16 |
|
|
Gross realized losses from sale of available-for-sale marketable securities
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
|