Company: PGYWW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001883085-25-000169
Chunk: 19

Company: Pagaya Technologies Ltd.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 position, as of the dates indicated (in thousands):

14

As of June 30, 2025Less than or equal to 1 yearGreater than 1 yearTotalInvestments in securities, available for sale:Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesSecuritization notes$575 $(1)$9,037 $(90)$9,612 $(91)As of  December 31, 2024Less than or equal to 1 yearGreater than 1 yearTotalInvestments in securities, available for sale:Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesSecuritization notes$66 $(1)$27,295 $(508)$27,361 $(509)The following table sets forth the amortized cost and fair value of investments in securities by contractual maturities, as of the date indicated (in thousands): As of June 30, 2025Within 1 yearGreater than 1 year, less than or equal to 5 yearsTotalInvestments in securities, available for sale(1):Amortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueSecuritization notes$2,537 $5,605 $309,807 $304,046 $312,344 $309,651 Securitization certificates9,828 15,318 1,035,371 510,439 1,045,199 525,757 As of December 31, 2024Within 1 yearGreater than 1 year, less than or equal to 5 yearsTotalInvestments in securities, available for sale(1)(2):Amortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueSecuritization notes$9,907 $9,903 $230,489 $230,370 $240,396 $240,273 Securitization certificates11,554 11,554 1,037,180521,6891,048,734533,243(1) Based on expected maturity date cash flows. (2) Includes accrued interest receivable of $14.3 million, previously reported within “Fee and other receivables” as of December 31, 2024, has been reclassified to conform to the current period’s presentation.The following table