Company: AFRM
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001820953-25-000052
Chunk: 49

Company: Affirm Holdings, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 49
---
770 Profit share liability— — 5,425 5,425 Risk sharing liability— — 413 413 Derivative instruments— 86 — 86 Total liabilities$— $86 $7,711 $7,797 

41

June 30, 2024Level 1Level 2Level 3TotalAssets:Cash and cash equivalents:Money market funds$63,389 $— $— $63,389 Commercial paper— 57,964 — 57,964 Government bonds- US— 3,492 — 3,492 Securities, available for sale:Certificates of deposit— 34,473 — 34,473 Corporate bonds— 242,660 — 242,660 Commercial paper— 239,882 — 239,882 Agency bonds— 15,159 — 15,159 Municipal bonds— 3,953 — 3,953 Government bonds:Non-US— 5,275 — 5,275 US— 538,556 — 538,556 Securitization notes receivable and residual trust certificates— — 51,670 51,670 Servicing assets— — 574 574 Derivative instruments— 17,207 — 17,207 Risk sharing asset— — 33,884 33,884 Total assets$63,389 $1,158,621 $86,128 $1,308,138 Liabilities:Servicing liabilities$— $— $743 $743 Performance fee liability— — 1,503 1,503 Profit share liability— — 1,974 1,974 Risk sharing liability— — 918 918 Derivative Instruments— 38 — 38 Total liabilities$— $38 $5,138 $5,176 As of March 31, 2025 and June 30, 2024, there were no transfers between levels.Assets and Liabilities Measured at Fair Value on a Recurring Basis (Level 2)Marketable SecuritiesAs of March 31, 2025, we held marketable securities classified as cash and cash equivalents and securities available for sale. Management obtains pricing from one or more third-party pricing services for the purpose of determining fair