v3.24.3
MARKETABLE SECURITIES
 9 Months Ended
Sep. 30, 2024
Marketable Securities [Abstract]  
MARKETABLE SECURITIES
NOTE 4:       MARKETABLE SECURITIES
 
The following is a summary of available-for-sale marketable securities as of September 30, 2024:
 
   
Amortized cost
    
Gross unrealized gains
    
Gross unrealized losses
    
Fair value
  
Matures within one year:
                        
Corporate bonds
  
$
350,590
    
$
164
    
$
(1,505
)
  
$
349,249
  
U.S. Treasury securities
    
9,925
      
-
      
(7
)
    
9,918
  
U.S. Government agency securities
    
13,284
      
25
      
-
      
13,309
  
Non-U.S. Government securities
    
2,400
      
-
      
(7
)
    
2,393
  
     
376,199
      
189
      
(1,519
)
    
374,869
  
Matures after one year:
                                
Corporate bonds
    
46,103
      
638
      
(50
)
    
46,691
  
U.S. Government agency securities
    
9,280
      
70
      
-
      
9,350
  
     
55,383
      
708
      
(50
)
    
56,041
  
Total
  
$
431,582
    
$
897
    
$
(1,569
)
  
$
430,910
  
 
The following is a summary of available-for-sale marketable securities as of December 31, 2023:
 
   
Amortized cost
    
Gross unrealized gains
    
Gross unrealized losses
    
Fair value
  
Matures within one year:
                        
Corporate bonds
  
$
487,083
    
$
679
    
$
(5,942
)
  
$
481,820
  
U.S. Treasury securities
    
15,324
      
-
      
(63
)
    
15,261
  
U.S. Government agency securities
    
8,787
      
11
      
(3
)
    
8,795
  
Non-U.S. Government securities
    
15,161
      
673
      
(140
)
    
15,694
  
     
526,355
      
1,363
      
(6,148
)
    
521,570
  
Matures after one year:
                                
Corporate bonds
    
342,223
      
1,902
      
(4,444
)
    
339,681
  
U.S. Treasury securities
    
2,430
      
-
      
(22
)
    
2,408
  
U.S. Government agency securities
    
44,100
      
107
      
(121
)
    
44,086
  
Non-U.S. Government securities
    
20,488
      
1,162
      
-
      
21,650
  
     
409,241
      
3,171
      
(4,587
)
    
407,825
  
Total
  
$
935,596
    
$
4,534
    
$
(10,735
)
  
$
929,395
  
 
Proceeds from sales of available-for-sale marketable securities during the three months ended September 30, 2024 were $18,724 which led to realized gains of $777.

 

The Company did not sell any available-for-sale marketable securities during the three months ended September 30, 2023.

 
Proceeds from sales of available-for-sale marketable securities during the nine months ended September 30, 2024 and 2023 were $70,642 and $2,807, which led to realized gains of $2,747 and losses of $125, respectively.
 
As of September 30, 2024, and December 31, 2023, the Company did not record an allowance for credit losses for its available-for-sale marketable securities.