Company: AFRM
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001820953-25-000012
Chunk: 48

Company: Affirm Holdings, Inc.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 48
---
 $46.7 million as of December 31, 2024 and June 30, 2024, respectively, pledged as collateral in connection with sale and repurchase agreements as discussed within Note 8. Debt.

35

Securities Available for Sale, at Fair ValueThe amortized cost, gross unrealized gains and losses, allowance for credit losses, and fair value of securities available for sale as of December 31, 2024 and June 30, 2024 were as follows (in thousands):December 31, 2024Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesFair ValueCertificates of deposit$17,327 $20 $— $— $17,347 Corporate bonds203,942 613 (261)— 204,294 Commercial paper51,248 45 — — 51,293 Agency bonds13,324 13 (18)— 13,319 Municipal bonds5,184 11 — — 5,195 Government bonds  Non-US3,161 — (5)— 3,156      US  (2)302,799 517 (287)— 303,029 Securitization notes receivable and certificates (3)70,273 70 (49)(1,243)69,051 Total securities available for sale$667,258 $1,289 $(620)$(1,243)$666,684 June 30, 2024Amortized CostGross Unrealized GainsGross Unrealized LossesAllowance for Credit LossesFair ValueCertificates of deposit$34,468 $9 $(4)$— $34,473 Corporate bonds243,639 95 (1,074)— 242,660 Commercial paper (1)298,005 7 (166)— 297,846 Agency bonds15,283 — (124)— 15,159 Municipal bonds3,943 10 — — 3,953 Government bondsNon-US5,310 — (35)— 5,275    US (1) (2)543,421 33 (1,406)— 542,048 Securitization notes receivable and certificates (3)51,726 699 (91)(664)