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v3.26.1

FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2026
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Measured at Fair Value | The following table presents fair value information related to the Company's assets and liabilities measured at amortized cost on the Condensed Consolidated Balance Sheets:
| Fair Value Measurements at March 31, 2026
| Total |  | Level 1 |  | Level 2 |  | Level 3
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market fund deposits | $ | 90,932 |  |  | $ | 90,932 |  |  | $ | — |  |  | $ | — |
Commercial paper | 137,102 |  |  | — |  |  | 137,102 |  |  | — |
Term deposits | 57,896 |  |  | — |  |  | 57,896 |  |  | — |
Total cash equivalents | 285,930 |  |  | 90,932 |  |  | 194,998 |  |  | — |
Short-term investments: |  |  |  |  |  |  |
Corporate bonds | 204,066 |  |  | — |  |  | 204,066 |  |  | — |
U.S. Treasury and agency obligations | 62,488 |  |  | — |  |  | 62,488 |  |  | — |
Commercial paper | 62,407 |  |  | — |  |  | 62,407 |  |  | — |
Term deposits | 3,161 |  |  | — |  |  | 3,161 |  |  | — |
Total short-term investments | 332,122 |  |  | — |  |  | 332,122 |  |  | — |
Long-term investments: |  |  |  |  |  |  |
Corporate bonds | 52,195 |  |  | — |  |  | 52,195 |  |  | — |
U.S. Treasury and agency obligations | 18,146 |  |  | — |  |  | 18,146 |  |  | — |
Total long-term investments | 70,341 |  |  | — |  |  | 70,341 |  |  | — |
Total | $ | 688,393 |  |  | $ | 90,932 |  |  | $ | 597,461 |  |  | $ | — |
| Fair Value Measurements at December 31, 2025
| Total |  | Level 1 |  | Level 2 |  | Level 3
Assets |  |  |  |  |  |  |
Cash equivalents: |  |  |  |  |  |  |
Money market fund deposits | $ | 173,538 |  |  | $ | 173,538 |  |  | $ | — |  |  | $ | — |
Term deposits | 58,782 |  |  | — |  |  | 58,782 |  |  | — |
Total cash equivalents | 232,320 |  |  | 173,538 |  |  | 58,782 |  |  | — |
Short-term investments: |  |  |  |  |  |  |
Corporate bonds | 264,431 |  |  | — |  |  | 264,431 |  |  | — |
Commercial paper | 101,922 |  |  | — |  |  | 101,922 |  |  | — |
U.S. Treasury and agency obligations | 66,469 |  |  | — |  |  | 66,469 |  |  | — |
Term deposits | 3,104 |  |  | — |  |  | 3,104 |  |  | — |
Total short-term investments | 435,926 |  |  | — |  |  | 435,926 |  |  | — |
Long-term investments: |  |  |  |  |  |  |
Corporate bonds | 52,294 |  |  | — |  |  | 52,294 |  |  | — |
U.S. Treasury and agency obligations | 24,300 |  |  | — |  |  | 24,300 |  |  | — |
Total long-term investments | 76,594 |  |  | — |  |  | 76,594 |  |  | — |
Total | 744,840 |  |  | 173,538 |  |  | 571,302 |  |  | — |
Schedule of Effective Maturity Dates of Held to Maturity Investments | The following table presents the effective maturity dates of debt investments, which are held-to-maturity:
| March 31, 2026 |  | December 31, 2025
| Book Value |  | Fair Value |  | Book Value |  | Fair Value
Investment maturity |  |  |  |  |  |  |
Less than 1 year | $ | 332,144 |  |  | $ | 332,122 |  |  | $ | 435,538 |  |  | $ | 435,926 |
1 - 5 years | 70,567 |  |  | 70,341 |  |  | 76,533 |  |  | 76,594 |
Total | $ | 402,711 |  |  | $ | 402,463 |  |  | $ | 512,071 |  |  | $ | 512,520 |

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