ACCUMULATED OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

Note 6–Accumulated Other Comprehensive Income

Accumulated other comprehensive income, which is included as a component of stockholders’ equity, is comprised of unrealized gains and losses on short-term investments, net of tax. The changes in accumulated other comprehensive income were as follows (in thousands):

	Three Months Ended
	March 31, 2025
Balance - December 31, 2024	$	174
Other comprehensive income (loss) before reclassifications, net of tax		57
Less amounts reclassified from accumulated other comprehensive income, net of tax		170
Net other comprehensive loss		(113)
Balance - March 31, 2025	$	61
	Three Months Ended
	March 31, 2024
Balance - December 31, 2023	$	81
Other comprehensive income (loss) before reclassifications, net of tax		(135)
Less amounts reclassified from accumulated other comprehensive income, net of tax		8
Net other comprehensive loss		(143)
Balance - March 31, 2024	$	(62)

Included in amounts reclassified from accumulated other comprehensive income, net of tax for the three months ended March 31, 2025 is $76 of realized gain, which is included in “Other income” on the unaudited condensed consolidated statements of income.