Company: PGEN
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001356090-25-000019
Chunk: 66

Company: PRECIGEN, INC.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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aboration and licensing agreements$1,818 $1,818 Prepaid product and service revenues and other567 705 Total$2,385 $2,523 Current portion of deferred revenue$549 $589 Long-term portion of deferred revenue1,836 1,934 Total$2,385 $2,523 

4. Investments

The Company's investments are classified as available-for-sale. The following table summarizes the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale investments as of March 31, 2025:AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesAggregateFair ValueU.S. government debt securities$72,482 $16 $(6)$72,492 Certificates of deposit2,311 2 — 2,313 Corporate bonds129 — — 129 Total$74,922 $18 $(6)$74,934 

15

The estimated fair value of available-for-sale investments classified by their contractual maturities as of March 31, 2025 was:Due within one year$74,184 After one year through two years750 Total$74,934 The following table summarizes the amortized cost, gross unrealized gains and losses, and fair value of available-for-sale investments as of December 31, 2024:AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesAggregateFair ValueU.S. government debt securities$67,464 $15 $(5)$67,474 Certificates of deposit848 3 — 851 Corporate bonds69 — (1)68 Total$68,381 $18 $(6)$68,393 The estimated fair value of available-for-sale investments classified by their contractual maturities as of December 31, 2024 was:Due within one year$68,393 After one year through two years— Total$68,393 In addition, at March 31, 2025 and December 31, 2024, the Company held U.S. government debt securities valued at $3,868 and $24,169, respectively, which were included in cash and cash equivalents in the condensed consolidated balance sheet as these investments had an original maturity of less than three months when purchased.

Changes in market interest rates and bond yields cause certain investments to fall below