15.	Marketable Securities

As of December 31, 2023 and 2024, the Company’s held marketable securities classified as available-for-sale securities as follows:

	December 31, 2024
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value

Mutual funds	$	1,279	$	158	$	-		$	1,437
Government debentures		6,069		-		(579	)		5,490
Corporate debentures		29,930		270		(782	)		29,418
	$	37,278	$	428	$	(1,361	)	$	36,345

	December 31, 2023
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value

Mutual funds	$	1,279	$	65	$	-		$	1,344
Government debentures		1,158		-		(440	)		718
Corporate debentures		19,386		118		(1,163	)		18,341
	$	21,823	$	183	$	(1,603	)	$	20,403

In 2024, the Company incurred realized losses in total amount of $289, which were reclassified from other comprehensive income (loss) to the statements of operation.

The Following table summarizes the Company's marketable securities by contractual maturities:

	December 31, 2024
	(in thousands)
Within one year	$	2,972
After one year through five years		17,818
After 5 years through 10 years		7,213
After 10 years		649
	$	28,652

As of December 31, 2024, the Company has invested in marketable securities without a single maturity date in the amount of $7,693.

The following table presents fair value and gross unrealized losses of the Company's marketable securities, which have been in a continuous loss position for less than 12 months:

	December 31, 2023					December 31, 2024
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Mutual Funds	$	-	$	-		$	-	$	-
Government debentures		-		-			4,841		(70	)
Corporate debentures		488		(5	)		12,251		(204	)

Total	$	488	$	(5	)	$	17,092	$	(274	)

The following table presents fair value and gross unrealized losses of the Company's marketable securities, which have been in a continuous loss position for 12 months or longer:

	December 31, 2023					December 31, 2024
	Fair Value		Unrealized Loss			Fair Value		Unrealized Loss
Mutual Funds	$	-	$	-		$	-	$	-
Government debentures		1,157		(440	)		649		(509	)
Corporate debentures		18,866		(1,157	)		8,591		(578	)

Total	$	20,023	$	(1,597	)	$	9,240	$	(1,087	)

For the year ended December 31, 2024, the unrealized losses related to marketable securities were as a result of market fluctuations and not due to credit related losses, therefore, the Company did not record an allowance for credit losses for its available-for-sales marketable securities.