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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables) | 3 Months Ended
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Mar. 31, 2024
Cash and Cash Equivalents [Abstract] |
Schedule of Cash, Cash Equivalents | The following table provides details regarding the Company’s portfolio of cash and cash equivalents (in thousands):
|  | Amortized |  |  | Unrealized |  |  | Aggregate Fair |
Cash and Cash Equivalents Classification |  | Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 70,765 |  |  | $ | — |  |  | $ | — |  |  | $ | 70,765 |
Money market accounts |  |  | 3,247 |  |  |  | — |  |  |  | — |  |  |  | 3,247 |
|  | $ | 74,012 |  |  | $ | — |  |  | $ | — |  |  | $ | 74,012 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 91,717 |  |  | $ | — |  |  | $ | — |  |  | $ | 91,717 |
Money market accounts |  |  | 268 |  |  |  | — |  |  |  | — |  |  |  | 268 |
|  | $ | 91,985 |  |  | $ | — |  |  | $ | — |  |  | $ | 91,985 |
Schedule of Investments | The following table provides details regarding the Company’s portfolio of short-term investments (in thousands):
|  | Amortized |  |  | Unrealized |  |  | Aggregate Fair |
Short-term Investments Classification |  | Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | 796 |  |  | $ | 1 |  |  | $ | (1 | ) |  | $ | 796 |
U.S. Government bonds |  |  | 465,377 |  |  |  | 10 |  |  |  | (979 | ) |  |  | 464,408 |
Marketable securities |  |  | 89 |  |  |  | — |  |  |  | — |  |  |  | 89 |
|  | $ | 466,262 |  |  | $ | 11 |  |  | $ | (980 | ) |  | $ | 465,293 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Corporate bonds |  | $ | 1,763 |  |  | $ | 1 |  |  | $ | (5 | ) |  | $ | 1,759 |
U.S. Government bonds |  |  | 420,769 |  |  |  | 303 |  |  |  | (694 | ) |  |  | 420,378 |
|  | $ | 422,532 |  |  | $ | 304 |  |  | $ | (699 | ) |  | $ | 422,137 |
Long-term U.S. Government Bond Investments The following table provides details regarding the Company’s portfolio of long-term investments (in thousands):
|  | Amortized |  |  | Unrealized |  |  | Aggregate Fair |
Long-term Investments Classification |  | Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 299,537 |  |  | $ | 68 |  |  | $ | (712 | ) |  | $ | 298,893 |
|  | $ | 299,537 |  |  | $ | 68 |  |  | $ | (712 | ) |  | $ | 298,893 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 284,053 |  |  | $ | 1,457 |  |  | $ | (8 | ) |  | $ | 285,502 |
|  | $ | 284,053 |  |  | $ | 1,457 |  |  | $ | (8 | ) |  | $ | 285,502 |

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