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Note 7 - Investments
 3 Months Ended
Sep. 30, 2024
Notes to Financial Statements  
Investment [Text Block]

(7)

Investments

 

We have investments in debt securities intended to enhance returns on our cash as well as to fund future obligations. Our short-term investments consist of U.S. Treasury bills, with maturities of less than one year, and total $76.7 million at September 30, 2024. Our long-term investments consist of U.S. Treasury notes, with maturities ranging between one and two years, and total $50.4 million at September 30, 2024. We had $26.1 million of U.S. Treasuries mature during the first quarter of fiscal 2025, which were subsequently reinvested for $25.2 million. All unrealized gains and losses are included in Accumulated other comprehensive loss within our consolidated balance sheets.

 

Our debt securities are presented below in accordance with their stated maturities:

 

   

September 30, 2024

  
   

Amortized cost

    

Gross unrealized gains

    

Gross unrealized losses

    

Fair Value

  

Due within one year

   $ 74,960     $ 1,770     $ -     $ 76,730  

Due within one and two years

     50,160       311       (45 )     50,426  

Total

   $ 125,120     $ 2,081     $ (45 )   $ 127,156  

 

 

   

June 30, 2024

  
   

Amortized cost

    

Gross unrealized gains

    

Gross unrealized losses

    

Fair Value

  

Due within one year

   $ 89,997     $ 1,322     $ -     $ 91,319  

Due within one and two years

     34,894       -       (122 )     34,772  

Total

   $ 124,891     $ 1,322     $ (122 )   $ 126,091