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CASH EQUIVALENTS AND MARKETABLE SECURITIES | 3 Months Ended
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Mar. 31, 2023
Cash and Cash Equivalents [Abstract] |
CASH EQUIVALENTS AND MARKETABLE SECURITIES | CASH EQUIVALENTS AND MARKETABLE SECURITIES The cash equivalents and marketable securities consist of the following:
| As of March 31, 2023 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands) |  |
Money market funds | $ | 120,657 |  |  | $ | — |  |  | $ | — |  |  | $ | 120,657 |  |  | $ | 120,657 |  |  | $ | — |  |  |
Certificates of deposit | 50,684 |  |  | 26 |  |  | (71) |  |  | 50,639 |  |  | — |  |  | 50,639 |  |  |
Commercial paper | 127,549 |  |  | 99 |  |  | (179) |  |  | 127,469 |  |  | 1,522 |  |  | 125,947 |  |  |
Corporate notes and bonds | 295,271 |  |  | 16 |  |  | (2,893) |  |  | 292,394 |  |  | 2,000 |  |  | 290,394 |  |  |
U.S. Treasuries | 348,693 |  |  | 97 |  |  | (133) |  |  | 348,657 |  |  | 16,395 |  |  | 332,262 |  |  |
U.S. Government agency securities | 696,448 |  |  | 199 |  |  | (3,537) |  |  | 693,110 |  |  | — |  |  | 693,110 |  |  |
Total | $ | 1,639,302 |  |  | $ | 437 |  |  | $ | (6,813) |  |  | $ | 1,632,926 |  |  | $ | 140,574 |  |  | $ | 1,492,352 |  |  |
| As of December 31, 2022
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities
| (In thousands)
Money market funds | $ | 165,407 |  |  | $ | — |  |  | $ | — |  |  | $ | 165,407 |  |  | $ | 165,407 |  |  | $ | — |
Certificates of deposit | 31,874 |  |  | 13 |  |  | (130) |  |  | 31,757 |  |  | — |  |  | 31,757 |
Commercial paper | 148,832 |  |  | 10 |  |  | (171) |  |  | 148,671 |  |  | 50,764 |  |  | 97,907 |
Corporate notes and bonds | 168,887 |  |  | 2 |  |  | (3,313) |  |  | 165,576 |  |  | — |  |  | 165,576 |
U.S. Treasuries | 301,349 |  |  | 8 |  |  | (132) |  |  | 301,225 |  |  | 4,094 |  |  | 297,131 |
U.S. Government agency securities | 554,035 |  |  | — |  |  | (6,807) |  |  | 547,228 |  |  | — |  |  | 547,228 |
Total | $ | 1,370,384 |  |  | $ | 33 |  |  | $ | (10,553) |  |  | $ | 1,359,864 |  |  | $ | 220,265 |  |  | $ | 1,139,599 |
The following table summarizes the contractual maturities of the Company’s cash equivalents and marketable securities as of March 31, 2023:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 1,354,415 |  |  | $ | 1,349,591 |
Due within one to three years | 284,887 |  |  | 283,335 |
Total | $ | 1,639,302 |  |  | $ | 1,632,926 |
All available-for-sale securities have been classified as current, based on management's intent and ability to use the funds in current operations.

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- Definition The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
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