Company: AFRM
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001820953-25-000052
Chunk: 44

Company: Affirm Holdings, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 that individual securities have been in a continuous loss position as of March 31, 2025 and June 30, 2024, are as follows (in thousands):March 31, 2025Less than or equal to 1 yearGreater than 1 yearTotal Fair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesCorporate bonds$59,459 $(74)$34,095 $(90)$93,554 $(164)Commercial paper92,109 (11)— — 92,109 (11)Agency bonds4,916 (8)— — 4,916 (8)Government bondsNon-US3,127 (3)— — 3,127 (3)US126,929 (69)31,157 (35)158,086 (104)Total securities available for sale (1)$286,540 $(165)$65,252 $(125)$351,792 $(290)June 30, 2024Less than or equal to 1 yearGreater than 1 yearTotalFair ValueUnrealized LossesFair ValueUnrealized LossesFair ValueUnrealized LossesCertificates of deposit$9,647 $(4)$— $— $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 70 and 137 as of March 31, 2025 and June 30, 2024, respectively.

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The length of time to contractual maturities of securities available for sale as of March 31, 2025 and June 30, 2024 were as follows (in thousands):March 31