XML 66 R55.htm IDEA: XBRL DOCUMENT v3.24.1.u1
FAIR VALUE MEASUREMENTS - Schedule of Fair Value (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Fair value measurements    
Equity securities $ 2,586 $ 3,841
Non-marketable securities 6,560 7,650
Contingent consideration 294,260 288,657
Contingent consideration (21,700)  
Fair Value, Recurring    
Fair value measurements    
Restricted cash (1) 4,297 4,297
Equity securities 2,586 3,841
Non-marketable securities 6,560 7,650
Contingent consideration   288,657
Contingent consideration (294,260)  
Total 368,690 500,934
Fair Value, Recurring | Corporate bonds    
Fair value measurements    
Estimated Fair Value 140,845 55,828
Fair Value, Recurring | Commercial paper    
Fair value measurements    
Estimated Fair Value 8,712 20,984
Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Estimated Fair Value 81,713 56,716
Fair Value, Recurring | Asset backed securities    
Fair value measurements    
Estimated Fair Value 70,750 34,897
Fair Value, Recurring | Cash and money market    
Fair value measurements    
Cash and cash equivalents, fair value 329,357 530,100
Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Cash and cash equivalents, fair value 18,130 3,035
Fair Value, Recurring | Commercial paper    
Fair value measurements    
Cash and cash equivalents, fair value   72,243
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring    
Fair value measurements    
Restricted cash (1) 4,297 4,297
Equity securities 2,586 3,841
Non-marketable securities 0 0
Contingent consideration   0
Contingent consideration 0  
Total 336,240 538,238
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | Corporate bonds    
Fair value measurements    
Estimated Fair Value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Estimated Fair Value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Estimated Fair Value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | Asset backed securities    
Fair value measurements    
Estimated Fair Value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | Cash and money market    
Fair value measurements    
Cash and cash equivalents, fair value 329,357 530,100
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Cash and cash equivalents, fair value 0 0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Cash and cash equivalents, fair value   0
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring    
Fair value measurements    
Restricted cash (1) 0 0
Equity securities 0 0
Non-marketable securities 0 0
Contingent consideration   0
Contingent consideration 0  
Total 320,150 243,703
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | Corporate bonds    
Fair value measurements    
Estimated Fair Value 140,845 55,828
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Estimated Fair Value 8,712 20,984
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Estimated Fair Value 81,713 56,716
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | Asset backed securities    
Fair value measurements    
Estimated Fair Value 70,750 34,897
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | Cash and money market    
Fair value measurements    
Cash and cash equivalents, fair value 0 0
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Cash and cash equivalents, fair value 18,130 3,035
Significant Other Observable Inputs (Level 2) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Cash and cash equivalents, fair value   72,243
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring    
Fair value measurements    
Restricted cash (1) 0 0
Equity securities 0 0
Non-marketable securities 6,560 7,650
Contingent consideration   288,657
Contingent consideration (294,260)  
Total (287,700) (281,007)
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | Corporate bonds    
Fair value measurements    
Estimated Fair Value 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Estimated Fair Value 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Estimated Fair Value 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | Asset backed securities    
Fair value measurements    
Estimated Fair Value 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | Cash and money market    
Fair value measurements    
Cash and cash equivalents, fair value 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | U.S. government agency securities    
Fair value measurements    
Cash and cash equivalents, fair value $ 0 0
Significant Unobservable Inputs (Level 3) | Fair Value, Recurring | Commercial paper    
Fair value measurements    
Cash and cash equivalents, fair value   $ 0