Company: MMI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001578732-25-000040
Chunk: 24

Company: Marcus & Millichap, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 24
---
 — (1)3,963 Corporate debt107,290 — 15 (72)107,233 Asset-backed securities (“ABS”) and other3,513 — 2 — $3,515 $136,518 $— $18 $(75)$136,461 Long-term investments:U.S. treasuries$21,006 $— $72 $(26)$21,052 U.S. government sponsored entities962 — 8 (55)915 Corporate debt36,421 — 404 (594)36,231 Asset-backed securities (“ABS”) and other51,886 — 379 (257)52,008 $110,275 $— $863 $(932)$110,206 December 31, 2024AmortizedCostAllowancefor CreditLossesGrossUnrealizedGainsGrossUnrealizedLossesFairValueShort-term investments:U.S. treasuries$29,515 $— $20 $(18)$29,517 Corporate debt160,152 — 55 (57)160,150 $189,667 $— $75 $(75)$189,667 Long-term investments:    U.S. treasuries$819 $— $— $(46)$773 U.S. government sponsored entities996 — 3 (70)929 Corporate debt31,820 — 139 (1,025)30,934 ABS and other18,731 — 114 (334)18,511 $52,366 $— $256 $(1,475)$51,147 

13

Table of ContentsMARCUS & MILLICHAP, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 

The Company’s investments in marketable debt securities, available-for-sale, that have been in a continuous unrealized loss position, for which an allowance for credit losses has not been recorded, by type of security consisted of the following (in thousands):June 30, 2025Less than 12 months 12 months or greater Total FairValueGrossUnrealizedLosses FairValueGrossUnrealizedLosses FairValue(1)GrossUnrealizedLosses U.S. treasuries$14,598 $(3