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Marketable Securities (Tables)
3 Months Ended
Mar. 31, 2025
Investments, Debt and Equity Securities [Abstract]  
Summary of Amortized Cost, Unrealized Gain (Loss) Recognized in AOCI and Fair Value of Available-for-Sale Securities

Amortized cost, unrealized gain (loss) recognized in accumulated other comprehensive loss and fair value of available-for-sale securities consisted of the following:

 

 

 

March 31, 2025

 

 

December 31, 2024

 

 

 

Amortized
Cost

 

 

Unrealized
Gain (Loss)

 

 

Fair
Value

 

 

Amortized
Cost

 

 

Unrealized
Gain (Loss)

 

 

Fair
Value

 

Contractual maturity of 0 to 1 years:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Guaranteed investment certificates

 

$

16,426

 

 

$

(530

)

 

$

15,896

 

 

$

17,122

 

 

$

(975

)

 

$

16,147

 

U.S. treasuries

 

 

78,204

 

 

 

110

 

 

 

78,314

 

 

 

72,989

 

 

 

147

 

 

 

73,136

 

Commercial paper

 

 

37,922

 

 

 

48

 

 

 

37,970

 

 

 

66,808

 

 

 

97

 

 

 

66,905

 

Corporate debt securities

 

 

300,483

 

 

 

309

 

 

 

300,792

 

 

 

327,448

 

 

 

557

 

 

 

328,005

 

Contractual maturity of 1 to 3 years:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. treasuries

 

 

58,675

 

 

 

13

 

 

 

58,688

 

 

 

58,218

 

 

 

(406

)

 

 

57,812

 

Corporate debt securities

 

 

82,606

 

 

 

204

 

 

 

82,810

 

 

 

69,726

 

 

 

(42

)

 

 

69,684

 

Total

 

$

574,316

 

 

$

154

 

 

$

574,470

 

 

$

612,311

 

 

$

(622

)

 

$

611,689