Company: MMI
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001628280-25-050707
Chunk: 94

Company: Marcus & Millichap, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 94
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38 (35)113,977 Asset-backed securities (“ABS”) and other3,512 — 1 — $3,513 $129,413 $— $42 $(35)$129,420 Long-term investments:U.S. treasuries$29,058 $— $160 $(21)$29,197 U.S. government sponsored entities2,846 — 15 (50)2,811 Corporate debt45,252 — 571 (475)45,348 Asset-backed securities (“ABS”) and other57,411 — 511 (559)57,363 $134,567 $— $1,257 $(1,105)$134,719 December 31, 2024AmortizedCostAllowancefor CreditLossesGrossUnrealizedGainsGrossUnrealizedLossesFairValueShort-term investments:U.S. treasuries$29,515 $— $20 $(18)$29,517 Corporate debt160,152 — 55 (57)160,150 $189,667 $— $75 $(75)$189,667 Long-term investments:    U.S. treasuries$819 $— $— $(46)$773 U.S. government sponsored entities996 — 3 (70)929 Corporate debt31,820 — 139 (1,025)30,934 ABS and other18,731 — 114 (334)18,511 $52,366 $— $256 $(1,475)$51,147 

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Table of ContentsMARCUS & MILLICHAP, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited) 

The Company’s investments in marketable debt securities, available-for-sale, that have been in a continuous unrealized loss position, for which an allowance for credit losses has not been recorded, by type of security consisted of the following (in thousands):September 30, 2025Less than 12 months 12 months or greater Total FairValueGrossUnrealizedLosses FairValueGrossUnrealizedLosses FairValue(1)GrossUnrealizedLosses U.S. treasuries$— $— $780 $(21)$780 $(21)