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CASH EQUIVALENTS AND MARKETABLE SECURITIES | 9 Months Ended
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Sep. 30, 2024
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 September 30, 2024 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands) |  |
Money market funds | $ | 94,245 |  |  | $ | — |  |  | $ | — |  |  | $ | 94,245 |  |  | $ | 94,245 |  |  | $ | — |  |  |
Certificates of deposit | 26,356 |  |  | 19 |  |  | — |  |  | 26,375 |  |  | — |  |  | 26,375 |  |  |
Commercial paper | 77,139 |  |  | 101 |  |  | (1) |  |  | 77,239 |  |  | 23,914 |  |  | 53,325 |  |  |
Corporate notes and bonds | 456,985 |  |  | 2,807 |  |  | (145) |  |  | 459,647 |  |  | — |  |  | 459,647 |  |  |
U.S. Treasuries | 222,450 |  |  | 151 |  |  | (16) |  |  | 222,585 |  |  | — |  |  | 222,585 |  |  |
U.S. Government agency securities | 745,569 |  |  | 3,018 |  |  | (220) |  |  | 748,367 |  |  | — |  |  | 748,367 |  |  |
Total | $ | 1,622,744 |  |  | $ | 6,096 |  |  | $ | (382) |  |  | $ | 1,628,458 |  |  | $ | 118,159 |  |  | $ | 1,510,299 |  |  |
| As of December 31, 2023
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities
| (In thousands)
Money market funds | $ | 132,037 |  |  | $ | — |  |  | $ | — |  |  | $ | 132,037 |  |  | $ | 132,037 |  |  | $ | — |
Certificates of deposit | 55,863 |  |  | 58 |  |  | (9) |  |  | 55,912 |  |  | 750 |  |  | 55,162 |
Commercial paper | 71,427 |  |  | 29 |  |  | (19) |  |  | 71,437 |  |  | 1,694 |  |  | 69,743 |
Corporate notes and bonds | 406,093 |  |  | 934 |  |  | (931) |  |  | 406,096 |  |  | 462 |  |  | 405,634 |
U.S. Treasuries | 327,773 |  |  | 152 |  |  | (34) |  |  | 327,891 |  |  | — |  |  | 327,891 |
U.S. Government agency securities | 548,391 |  |  | 690 |  |  | (1,225) |  |  | 547,856 |  |  | — |  |  | 547,856 |
Total | $ | 1,541,584 |  |  | $ | 1,863 |  |  | $ | (2,218) |  |  | $ | 1,541,229 |  |  | $ | 134,943 |  |  | $ | 1,406,286 |
The following table summarizes the contractual maturities of the Company’s cash equivalents and marketable securities as of September 30, 2024:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 1,108,638 |  |  | $ | 1,110,185 |
Due within one to three years | 514,106 |  |  | 518,273 |
Total | $ | 1,622,744 |  |  | $ | 1,628,458 |
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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