XML 44 R36.htm IDEA: XBRL DOCUMENT
v3.25.1

CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
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):
|  | Cost or |  |  | Unrealized |  |  | Aggregate Fair |
Cash and Cash Equivalents Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 103,545 |  |  | $ | — |  |  | $ | — |  |  | $ | 103,545 |
Money market accounts |  |  | 53,928 |  |  |  | — |  |  |  | — |  |  |  | 53,928 |
|  | $ | 157,473 |  |  | $ | — |  |  | $ | — |  |  | $ | 157,473 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 96,318 |  |  | $ | — |  |  | $ | — |  |  | $ | 96,318 |
Money market accounts |  |  | 2,662 |  |  |  | — |  |  |  | — |  |  |  | 2,662 |
|  | $ | 98,980 |  |  | $ | — |  |  | $ | — |  |  | $ | 98,980 |
Schedule of Investments | The following table provides details regarding the Company’s portfolio of short-term investments (in thousands):
|  | Cost or |  |  | Unrealized |  |  | Aggregate Fair |
Short-term Investments Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 412,578 |  |  | $ | 764 |  |  | $ | (24 | ) |  | $ | 413,318 |
Marketable securities (1) |  |  | 489 |  |  |  | 12 |  |  |  | (14 | ) |  |  | 487 |
|  | $ | 413,067 |  |  | $ | 776 |  |  | $ | (38 | ) |  | $ | 413,805 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 392,778 |  |  | $ | 758 |  |  | $ | — |  |  | $ | 393,536 |
Marketable securities (1) |  |  | 142 |  |  |  | 12 |  |  |  | — |  |  |  | 154 |
|  | $ | 392,920 |  |  | $ | 770 |  |  | $ | — |  |  | $ | 393,690 |
(1) Changes in aggregate fair market value recorded in other income (loss), net on the Consolidated Statements of Income. Long-term U.S. Government Bond Investments The following table provides details regarding the Company’s portfolio of long-term investments (in thousands):
|  | Cost or |  |  | Unrealized |  |  | Aggregate Fair |
Long-term Investments Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Market Value |
March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 344,861 |  |  | $ | 2,205 |  |  | $ | (159 | ) |  | $ | 346,907 |
|  | $ | 344,861 |  |  | $ | 2,205 |  |  | $ | (159 | ) |  | $ | 346,907 |
December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 434,766 |  |  | $ | 1,302 |  |  | $ | (595 | ) |  | $ | 435,473 |
|  | $ | 434,766 |  |  | $ | 1,302 |  |  | $ | (595 | ) |  | $ | 435,473 |

X
- References No definition available. + Details
Name: | us-gaap_CashAndCashEquivalentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of cash and cash equivalents. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCashAndCashEquivalentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration