Company: AFRM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050295
Chunk: 39

Company: Affirm Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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)June 30, 2025Less than or equal to 1 yearGreater than 1 yearTotalFair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesCertificates of deposit$7,711 $— $— $— $7,711 $— Corporate bonds42,842 (41)16,978 (14)59,820 (55)Commercial paper83,701 (18)— — 83,701 (18)Agency bonds11,347 (11)— — 11,347 (11)Government bondsNon-US3,163 — — — 3,163 — US189,295 (91)— — 189,295 (91)Total securities available for sale (1)$338,059 $(161)$16,978 $(14)$355,037 $(175)(1)The number of securities with unrealized losses for which an allowance for credit losses has not been recorded totaled 8 and 67 as of September 30, 2025 and June 30, 2025, respectively.

35

The length of time to contractual maturities of securities available for sale as of September 30, 2025 and June 30, 2025 were as follows (in thousands):September 30, 2025Within 1 yearGreater than 1 year, less than or equal to 5 yearsTotalAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueCertificates of deposit$48,807 $48,869 $— $— $48,807 $48,869 Corporate bonds167,469 167,813 92,999 93,586 260,468 261,399 Commercial paper 121,914 121,998 — — 121,914 121,998 Agency bonds4,999 4,998 — — 4,999 4,998 Municipal bonds3,908 3,917 5,115 5,137 9,023 9,054 Government bondsNon-US— — 2,191 2,203 2,191 2,203 US 264,844 265,209 35,238 35,413 300,082 300,622 Securitization notes receivable