Company: PGYWW
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001883085-25-000195
Chunk: 21

Company: Pagaya Technologies Ltd.
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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.The following tables set forth the fair value and gross unrealized losses on investments in securities without an allowance for credit losses aggregated by investment category and length of time that individual securities had been in a continuous unrealized loss position, as of the dates indicated (in thousands):As of September 30, 2025Less than or equal to 1 yearGreater than 1 yearTotalInvestments in securities, available for sale:Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesSecuritization notes$74 $— $7,076 $(53)$7,150 $(53)

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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 September 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$2,352 $5,834 $333,181 $327,332 $335,533 $333,166 Securitization certificates20,332 18,406 959,291 485,796 979,623 504,202 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