Marketable securities - available-for-sale debt securities
|6 Months Ended|
Jun. 30, 2023
|Marketable securities - available-for-sale debt securities|
|Marketable securities - available-for-sale debt securities||
Note 7 — Marketable securities – available-for-sale debt securities
As of June 30, 2023, the Company has the following investments in marketable securities (in thousands):
The aggregate fair value (in thousands) and number of securities held by the Company (including those classified as cash equivalents) in an unrealized loss position as of June 30, 2023 and December 31, 2022 are as follows:
As of June 30, 2023, no allowance for expected credit losses has been recognized in relation to securities in an unrealized loss position. This is because the impairments are not severe, do not represent a significant proportion of the total fair market value of the investments and all securities have an investment-grade credit rating. Furthermore, the Company does not intend to sell the debt securities in an unrealized loss position, believes that it has the ability to hold the debt securities to maturity, and it is currently unlikely that the Company will be required to sell these securities before the recovery of the amortized cost.
The entire disclosure for investments in certain debt and equity securities.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef