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CASH EQUIVALENTS AND MARKETABLE SECURITIES | 6 Months Ended
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Jun. 30, 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 June 30, 2023 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands) |  |
Money market funds | $ | 134,398 |  |  | $ | — |  |  | $ | — |  |  | $ | 134,398 |  |  | $ | 134,398 |  |  | $ | — |  |  |
Certificates of deposit | 49,544 |  |  | 3 |  |  | (76) |  |  | 49,471 |  |  | — |  |  | 49,471 |  |  |
Commercial paper | 119,203 |  |  | — |  |  | (306) |  |  | 118,897 |  |  | — |  |  | 118,897 |  |  |
Corporate notes and bonds | 339,972 |  |  | 29 |  |  | (3,148) |  |  | 336,853 |  |  | — |  |  | 336,853 |  |  |
U.S. Treasuries | 354,112 |  |  | 35 |  |  | (398) |  |  | 353,749 |  |  | — |  |  | 353,749 |  |  |
U.S. Government agency securities | 666,104 |  |  | 166 |  |  | (3,424) |  |  | 662,846 |  |  | — |  |  | 662,846 |  |  |
Total | $ | 1,663,333 |  |  | $ | 233 |  |  | $ | (7,352) |  |  | $ | 1,656,214 |  |  | $ | 134,398 |  |  | $ | 1,521,816 |  |  |
| 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 June 30, 2023:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 1,357,928 |  |  | $ | 1,352,679 |
Due within one to three years | 305,405 |  |  | 303,535 |
Total | $ | 1,663,333 |  |  | $ | 1,656,214 |
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://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//320/tableOfContent + Details
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