Note 6 - Marketable Securities

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

6. Marketable Securities

The amortized cost and unrealized gains, net of marketable securities as of June 30, 2022 and December 31, 2021, are as follows (in thousands):

	As of June 30, 2022		As of December 31, 2021
Marketable securities:
Amortized cost	$	115,862	$	114,159
Unrealized gains, net		957,844		1,097,580
Total fair value	$	1,073,706	$	1,211,739

During the three months ended June 30, 2022 and 2021, the Company recognized net unrealized losses on marketable securities of $261.5 million and net unrealized gains on marketable securities of $24.3 million, respectively. During the six months ended June 30, 2022 and 2021, the Company recognized net unrealized losses on marketable securities of $139.7 million and net unrealized gains on marketable securities of $85.4 million, respectively. These net unrealized gains and losses are included in (Loss)/gain on marketable securities, net on the Company’s Condensed Consolidated Statements of Operations.