| Restricted Investments |
Restricted Investments The following is a summary of the Company’s debt securities as of March 31, 2023 and September 30, 2022 (in thousands):
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March 31, 2023 |
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(unaudited) |
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Amortized Cost |
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Gross Unrealized Gains |
|
Gross Unrealized Losses |
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Fair Value |
| Corporate debt securities |
|
$ |
3,904 |
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|
$ |
— |
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|
$ |
188 |
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|
$ |
3,716 |
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| U.S. government securities |
|
5,724 |
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|
— |
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|
98 |
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|
5,626 |
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| Municipal government securities |
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1,148 |
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— |
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|
76 |
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|
1,072 |
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| Agency backed securities |
|
944 |
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— |
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|
55 |
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|
889 |
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| Total |
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$ |
11,720 |
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$ |
— |
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|
$ |
417 |
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$ |
11,303 |
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September 30, 2022 |
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Amortized Cost |
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Gross Unrealized Gains |
|
Gross Unrealized Losses |
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Fair Value |
| Corporate debt securities |
|
$ |
2,797 |
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|
$ |
— |
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|
$ |
260 |
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|
$ |
2,537 |
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| U.S. government securities |
|
2,622 |
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|
— |
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|
141 |
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|
2,481 |
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| Municipal government securities |
|
1,151 |
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|
— |
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|
96 |
|
|
1,055 |
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| Agency backed securities |
|
862 |
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|
— |
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|
69 |
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|
793 |
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| Total |
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$ |
7,432 |
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|
$ |
— |
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|
$ |
566 |
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|
$ |
6,866 |
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The amortized cost and fair value of debt securities classified as available for sale by contractual maturity, as of March 31, 2023, were as follows (unaudited, in thousands):
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Amortized Cost |
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Fair Value |
| Due within one year |
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$ |
3,082 |
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$ |
3,070 |
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| Due after one year through three years |
|
2,820 |
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|
2,721 |
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| Due after three years |
|
5,818 |
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|
5,512 |
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| Total |
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$ |
11,720 |
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$ |
11,303 |
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