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CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES
 3 Months Ended
Mar. 31, 2025
Cash and Cash Equivalents [Abstract]  
CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES
The cash equivalents, restricted cash and marketable securities consist of the following:
As of March 31, 2025
Amortized CostGross Unrealized GainsGross Unrealized LossesFair ValueCash EquivalentsMarketable SecuritiesRestricted Cash
(In thousands)
Money market funds$175,480 $— $— $175,480 $175,480 $— $— 
Certificates of deposit93,218 15 (1)93,232 — 28,232 65,000 
Commercial paper21,433 14 (4)21,443 — 21,443 — 
Corporate notes and bonds398,540 1,302 (567)399,275 — 399,275 — 
U.S. Treasuries88,565 1 (41)88,525 — 88,525 — 
U.S. Government agency securities578,536 1,235 (466)579,305 — 579,305 — 
Total$1,355,772 $2,567 $(1,079)$1,357,260 $175,480 $1,116,780 $65,000 
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 
The following table summarizes the contractual maturities of the Company’s cash equivalents, restricted cash and marketable securities as of March 31, 2025:
Amortized CostFair Value
(In thousands)
Due within one year$877,661 $878,380 
Due within one to three years478,111 478,880 
Total$1,355,772 $1,357,260 
All available-for-sale securities have been classified as current, based on management's intent and ability to use the funds in current operations.