Company: AFRM
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001820953-25-000012
Chunk: 50

Company: Affirm Holdings, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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9,647 $(4)Corporate bonds119,353 (252)57,846 (822)177,199 (1,074)Commercial paper245,536 (166)245,536 (166)Agency bonds10,417 (41)4,743 (83)15,160 (124)Government bondsNon-US— — 5,275 (35)5,275 (35)US251,113 (185)123,633 (1,221)374,746 (1,406)Total securities available for sale (1)$636,066 $(648)$191,497 $(2,161)$827,563 $(2,809)(1)The number of positions with unrealized losses for which an allowance for credit losses has not been recorded totaled 22 and 137 as of December 31, 2024 and June 30, 2024, respectively.

37

The length of time to contractual maturities of securities available for sale as of December 31, 2024 and June 30, 2024 were as follows (in thousands):December 31, 2024Within 1 yearGreater than 1 year, less than or equal to 5 yearsTotalAmortized CostFair ValueAmortized CostFair ValueAmortized CostFair ValueCertificates of deposit$17,327 $17,347 $— $— $17,327 $17,347 Corporate bonds114,636 114,625 89,306 89,669 203,942 204,294 Commercial paper51,248 51,293 — — 51,248 51,293 Agency bonds8,425 8,438 4,899 4,881 13,324 13,319 Municipal bonds674 679 4,510 4,516 5,184 5,195 Government bondsNon-US3,161 3,156 — — 3,161 3,156 US218,711 218,753 84,088 84,276 302,799 303,029 Securitization notes receivable and certificates (2)— — 70,273 69,051 70,273 69,051 Total securities available for sale$414,182 $414,291 $253,076 $252