Company: CSTL
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-048254
Chunk: 126

Company: CASTLE BIOSCIENCES INC
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 126
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 in accordance with ASC Topic 830, Foreign Currency Matters. The use of different assumptions, exchange rates, and/or estimation methodologies may have a material effect on estimated fair values. Accordingly, the fair value estimates disclosed, or amounts recorded, may not be indicative of the amount that we or holders of the instruments could realize in a current market exchange.

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Table of ContentsCASTLE BIOSCIENCES, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)(UNAUDITED)

The tables below provide information, by level within the fair value hierarchy, of our financial assets and liabilities that are accounted for at fair value on a recurring basis as of September 30, 2025 and December 31, 2024 (in thousands):As of September 30, 2025 Quoted Prices in Active Markets for Identical Items (Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)TotalAssetsMoney market funds(1)$79,044 $— $— $79,044 U.S. government securities - AFS(2)$187,495 $— $— $187,495 Equity securities(2)$8,907 $— $— $8,907 LiabilitiesTerm Debt(3)(4)$— $10,049 $— $10,049 As of December 31, 2024 Quoted Prices in Active Markets for Identical Items (Level 1)Significant Other Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)TotalAssetsMoney market funds(1)$114,091 $— $— $114,091 U.S. government securities - AFS(2)$169,866 $— $— $169,866 Equity securities(2)$3,555 $— $— $3,555 LiabilitiesTerm Debt(3)(4)$— $10,023 $— $10,023 (1)Classified as “Cash and cash equivalents” in the condensed consolidated balance sheets.(2)Classified as “Marketable investment securities” in the condensed consolidated balance sheets.(3)Classified as “Current portion of long-term debt” and “Long term debt” in the condensed consolidated balance sheets.(4)Borrowings approximate their fair value as the interest rate is variable and reflects market