XML 58 R27.htm IDEA: XBRL DOCUMENT v3.25.1
MARKETABLE SECURITIES (Tables)
12 Months Ended
Dec. 31, 2024
Marketable Securities [Abstract]  
Schedule of Marketable Securities
The Company’s marketable securities consisted of the following (in thousands):
December 31, 2024
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Available-for-sale securities, short-term
Corporate debt securities$118,813 $128 $(8)$118,933 
Government and agency - U.S. securities16,962 35 — 16,997 
Total available-for-sale securities, short-term135,775 163 (8)135,930 
Available-for-sale securities, long-term
Corporate debt securities60,171 — (203)59,968 
Total available-for-sale securities, long-term60,171 — (203)59,968 
Total available-for-sale securities$195,946 $163 $(211)$195,898 
December 31, 2023
Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Fair Value
Available-for-sale securities, short-term
Corporate debt securities$144,184 $97 $(191)$144,090 
Government and agency - U.S. securities32,470 82 (6)32,546 
Total available-for-sale securities, short-term176,654 179 (197)176,636 
Available-for-sale securities, long-term
Corporate debt securities57,240 320 (15)57,545 
Government and agency - U.S. securities4,985 23 — 5,008 
Total available-for-sale securities, long-term62,225 343 (15)62,553 
Total available-for-sale securities$238,879 $522 $(212)$239,189 
Schedule of Unrealized
The following tables summarize the amount of unrealized losses, defined as the amount by which the amortized cost exceeds fair value, and the related fair value of available-for-sale marketable securities with unrealized losses, which have been segregated into two categories: those that have been in a continuous unrealized loss position for less than 12 months and those that have been in a continuous unrealized loss position for 12 or more months (in thousands):
December 31, 2024
Less than 12 MonthsGreater than 12 MonthsTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Corporate debt securities$73,952 $(211)$2,515 $— $76,467 $(211)
Total$73,952 $(211)$2,515 $— $76,467 $(211)
December 31, 2023
Less than 12 MonthsGreater than 12 MonthsTotal
Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized Losses
Corporate debt securities$78,995 $(152)$12,074 $(54)$91,069 $(206)
Government and agency - U.S. securities5,585 (6)— — 5,585 (6)
Total$84,580 $(158)$12,074 $(54)$96,654 $(212)