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CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES (Tables)
 3 Months Ended
Mar. 31, 2025
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 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 
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 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