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CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Cash and Cash Equivalents [Abstract]  
Schedule of Debt Securities, Available-for-sale
The cash equivalents, restricted cash and marketable securities consist of the following:
As of December 31, 2024
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsMarketable SecuritiesRestricted Cash
(In thousands)
Money market funds$191,410 $— $— $191,410 $191,410 $— $— 
Certificates of deposit125,087 13 (8)125,092 — 30,092 95,000 
Commercial paper30,681 40 (8)30,713 — 30,713 — 
Corporate notes and bonds449,612 1,115 (1,157)449,570 — 449,570 — 
U.S. Treasuries111,606 42 (36)111,612 — 111,612 — 
U.S. Government agency securities631,389 1,241 (1,137)631,493 — 631,493 — 
Total$1,539,785 $2,451 $(2,346)$1,539,890 $191,410 $1,253,480 $95,000 
As of December 31, 2023
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsMarketable Securities
(In thousands)
Money market funds$132,037 $— $— $132,037 $132,037 $— 
Certificates of deposit55,863 58 (9)55,912 750 55,162 
Commercial paper71,427 29 (19)71,437 1,694 69,743 
Corporate notes and bonds406,093 934 (931)406,096 462 405,634 
U.S. Treasuries327,773 152 (34)327,891 — 327,891 
U.S. Government agency securities548,391 690 (1,225)547,856 — 547,856 
Total$1,541,584 $1,863 $(2,218)$1,541,229 $134,943 $1,406,286 
Schedule of Investments Classified by Contractual Maturity Date
The following table summarizes the contractual maturities of the Company’s cash equivalents, restricted cash and marketable securities as of December 31, 2024:
Amortized CostFair Value
(In thousands)
Due within one year$1,095,355 $1,096,565 
Due within one to three years444,430 443,325 
Total$1,539,785 $1,539,890