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Cash, Cash Equivalents, Restricted Cash and Marketable Securities (Tables)
 12 Months Ended
Dec. 31, 2023
Cash and Cash Equivalents [Abstract]  
Schedule of Cash, Cash Equivalents and Restricted Cash
Cash, cash equivalents and restricted cash as of December 31, 2023 and 2022 consisted of the following (in thousands):
 December 31,
 20232022
Money market and demand accounts$430,707 $643,825 
Commercial paper5,728 26,741 
U.S. government securities— 15,707 
Corporate bonds, asset backed and other securities6,526 16,888 
 Total cash, cash equivalents and restricted cash$442,961 $703,161 
The following table provides a reconciliation of total cash, cash equivalents and restricted cash as of December 31, 2023 and 2022 within the consolidated balance sheets (in thousands):
December 31,
20232022
Cash and cash equivalents$437,076 $693,479 
Restricted cash included within prepaid and other current assets5,885 9,682 
Total cash, cash equivalents and restricted cash$442,961 $703,161 
Restrictions on Cash and Cash Equivalents
Cash, cash equivalents and restricted cash as of December 31, 2023 and 2022 consisted of the following (in thousands):
 December 31,
 20232022
Money market and demand accounts$430,707 $643,825 
Commercial paper5,728 26,741 
U.S. government securities— 15,707 
Corporate bonds, asset backed and other securities6,526 16,888 
 Total cash, cash equivalents and restricted cash$442,961 $703,161 
The following table provides a reconciliation of total cash, cash equivalents and restricted cash as of December 31, 2023 and 2022 within the consolidated balance sheets (in thousands):
December 31,
20232022
Cash and cash equivalents$437,076 $693,479 
Restricted cash included within prepaid and other current assets5,885 9,682 
Total cash, cash equivalents and restricted cash$442,961 $703,161 
Schedule of Marketable Securities Marketable securities as of December 31, 2023 and 2022 consisted of the following (in thousands):
 December 31, 2023
CostGross Unrealized GainsGross Unrealized LossesFair Value
Available-for-sale securities
Commercial paper$174,872 $141 $(22)$174,991 
U.S. government securities257,150 75 (375)256,850 
Corporate bonds, asset backed and other securities149,729 92 (128)149,693 
Total available-for-sale securities$581,751 $308 $(525)$581,534 
Reported in:
Cash and cash equivalents$12,254 
Short-term investments569,280 
Total marketable securities$581,534 
 December 31, 2022
CostGross Unrealized GainsGross Unrealized LossesFair Value
Available-for-sale securities
Commercial paper$210,146 $30 $(220)$209,956 
U.S. government securities244,174 19 (353)243,840 
Corporate bonds, asset backed and other securities113,921 33 (116)113,838 
Total available-for-sale securities$568,241 $82 $(689)$567,634 
Reported in:
Cash and cash equivalents$59,336 
Short-term investments508,298 
Total marketable securities$567,634