Investments (Tables)

6 Months Ended

Jun. 30, 2024

Investments, All Other Investments [Abstract]

Investment

Investments consist of the following:

	As of
	June 30, 2024		December 31, 2023
Short-term investments
Mutual funds	$	88,834	$	52,650
Term deposits	71,999		101,231
Total Short-term investments	$	160,833	$	153,881
Long-term investments
Term deposits	$	9,333	$	239
Restricted term deposits (1)	5,752		4,386
Investment in equity affiliate	4,154		4,191
Total Long-term investments	$	19,239	$	8,816

(1) Restricted term deposits represent deposit with banks against bank guarantees issued through banks in favor of relevant statutory authorities for equipment imports, deposits for obtaining indirect tax registrations and for demands against pending income tax and Value Added Tax (“VAT”) assessments. These deposits with banks will mature one year after the balance sheet date.