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Short-term Investments
12 Months Ended
Dec. 31, 2024
Short-term Investments  
Short-term Investments

4 Short-term Investments

As of December 31, 2024, short-term investments of $44.4 million were comprised of term deposits issued in US currency, earning interest between 4.72% and 5.32%, maturing between February 7, 2025 and April 11, 2025. These short-term investments were in scope of ASC 320, Investments-Debt Securities. The short-term investments maturity is greater than 90 days but less than one year, and they were classified as held to maturity, recorded as current assets and were accounted for at amortized cost. Interest income earned on short-term investments is reported in interest income. The Company had short-term investments of $52.2 million as of December 31, 2023.