Investments

3 Months Ended

Mar. 31, 2025

Investments, Debt and Equity Securities [Abstract]

Investments

Investments

Marketable Securities

Unrestricted available-for-sale marketable securities held by the Company are as follows (dollars in thousands):

	March 31, 2025		December 31, 2024
	(unaudited)
Corporate, U.S. government agency and municipal debt securities
Amortized cost	$	347,903	$	384,481
Gross unrealized gains	12		89
Gross unrealized losses	(173)		(289)
Total fair value	$	347,742	$	384,281

As of March 31, 2025, all of our unrestricted available-for-sale marketable securities have contractual maturities of one year or less.

As of March 31, 2025, there was no impairment due to credit loss on any available-for-sale marketable securities.