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CASH EQUIVALENTS, RESTRICTED CASH AND MARKETABLE SECURITIES | 9 Months Ended
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Sep. 30, 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 September 30, 2025
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  |
| (In thousands)
Money market funds | $ | 144,482 |  |  | $ | — |  |  | $ | — |  |  | $ | 144,482 |  |  | $ | 144,482 |  |  | $ | — |  |  |
Certificates of deposit | 24,174 |  |  | 14 |  |  | (1) |  |  | 24,187 |  |  | — |  |  | 24,187 |  |  |
Commercial paper | 40,178 |  |  | 10 |  |  | (4) |  |  | 40,184 |  |  | 14,687 |  |  | 25,497 |  |  |
Corporate notes and bonds | 399,026 |  |  | 1,610 |  |  | (41) |  |  | 400,595 |  |  | — |  |  | 400,595 |  |  |
U.S. Treasuries | 39,996 |  |  | — |  |  | — |  |  | 39,996 |  |  | — |  |  | 39,996 |  |  |
U.S. Government agency securities | 584,438 |  |  | 1,442 |  |  | (111) |  |  | 585,769 |  |  | — |  |  | 585,769 |  |  |
Total | $ | 1,232,294 |  |  | $ | 3,076 |  |  | $ | (157) |  |  | $ | 1,235,213 |  |  | $ | 159,169 |  |  | $ | 1,076,044 |  |  |
| As of December 31, 2024 |  |
| Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value |  | Cash Equivalents |  | Marketable Securities |  | Restricted Cash
| (In thousands) |  |
Money market funds | $ | 191,410 |  |  | $ | — |  |  | $ | — |  |  | $ | 191,410 |  |  | $ | 191,410 |  |  | $ | — |  |  | $ | — |
Certificates of deposit | 125,087 |  |  | 13 |  |  | (8) |  |  | 125,092 |  |  | — |  |  | 30,092 |  |  | 95,000 |
Commercial paper | 30,681 |  |  | 40 |  |  | (8) |  |  | 30,713 |  |  | — |  |  | 30,713 |  |  | — |
Corporate notes and bonds | 449,612 |  |  | 1,115 |  |  | (1,157) |  |  | 449,570 |  |  | — |  |  | 449,570 |  |  | — |
U.S. Treasuries | 111,606 |  |  | 42 |  |  | (36) |  |  | 111,612 |  |  | — |  |  | 111,612 |  |  | — |
U.S. Government agency securities | 631,389 |  |  | 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 and marketable securities as of September 30, 2025:
| Amortized Cost |  | Fair Value
| (In thousands)
Due within one year | $ | 813,123 |  |  | $ | 814,480 |
Due within one to three years | 419,171 |  |  | 420,733 |
Total | $ | 1,232,294 |  |  | $ | 1,235,213 |
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 equivalent, and debt and equity securities, including realized and unrealized 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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