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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables) | 6 Months Ended
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Jun. 30, 2024
Summary of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis | As of June 30, 2024 and December 31, 2023 the following financial assets and liabilities are measured at fair value on a recurring basis and are categorized using the fair value hierarchy as follows:
|  | June 30, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Money market accounts |  | $ | 310,368 |  |  | $ | — |  |  | $ | — |  |  | $ | 310,368 |
Marketable securities, current: |  |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit |  |  | — |  |  |  | 30,159 |  |  |  | — |  |  |  | 30,159 |
Commercial paper |  |  | — |  |  |  | 15,812 |  |  |  | — |  |  |  | 15,812 |
Corporate debt securities |  |  | — |  |  |  | 46,926 |  |  |  | — |  |  |  | 46,926 |
Yankee bonds |  |  | — |  |  |  | 4,922 |  |  |  | — |  |  |  | 4,922 |
U.S. Treasury securities |  |  | 57,676 |  |  |  | — |  |  |  | — |  |  |  | 57,676 |
Mortgage- and asset-backed securities |  |  | — |  |  |  | 348 |  |  |  | — |  |  |  | 348 |
Marketable securities, non-current |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt securities |  |  | — |  |  |  | 24,554 |  |  |  | — |  |  |  | 24,554 |
Yankee bonds |  |  | — |  |  |  | 367 |  |  |  | — |  |  |  | 367 |
Mortgage- and asset-backed securities |  |  | — |  |  |  | 21,490 |  |  |  | — |  |  |  | 21,490 |
Total |  | $ | 368,044 |  |  | $ | 144,578 |  |  | $ | — |  |  | $ | 512,622 |
|  | December 31, 2023 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |  |  |  |  |  |
Money market accounts |  | $ | 121,491 |  |  | $ | — |  |  | $ | — |  |  | $ | 121,491 |
Marketable securities, current: |  |  |  |  |  |  |  |  |  |  |  |
Certificates of deposit |  |  | — |  |  |  | 24,590 |  |  |  | — |  |  |  | 24,590 |
Commercial paper |  |  | — |  |  |  | 10,484 |  |  |  | — |  |  |  | 10,484 |
Corporate debt securities |  |  | — |  |  |  | 41,871 |  |  |  | — |  |  |  | 41,871 |
Yankee bonds |  |  | — |  |  |  | 2,676 |  |  |  | — |  |  |  | 2,676 |
U.S. Treasury securities |  |  | 2,633 |  |  |  | — |  |  |  | — |  |  |  | 2,633 |
Marketable securities, non-current |  |  |  |  |  |  |  |  |  |  |  |
Corporate debt securities |  |  | — |  |  |  | 10,968 |  |  |  | — |  |  |  | 10,968 |
U.S. Treasury securities |  |  | 54,900 |  |  |  | — |  |  |  | — |  |  |  | 54,900 |
Mortgage- and asset-backed securities |  |  | — |  |  |  | 13,380 |  |  |  | — |  |  |  | 13,380 |
Total |  | $ | 179,024 |  |  | $ | 103,969 |  |  | $ | — |  |  | $ | 282,993 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Other non-current liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Contingent consideration |  | $ | — |  |  | $ | — |  |  | $ | 1,056 |  |  | $ | 1,056 |
Total |  | $ | — |  |  | $ | — |  |  | $ | 1,056 |  |  | $ | 1,056 |

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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