XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.3
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Measurements  
Schedule of Company's assets and liabilities by level within the fair value hierarchy

September 30, 2025

 

Fair Value Measurements

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

 

Assets

Cash equivalents and other short-term investments:

Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)

$

150,229

$

$

$

150,229

Short-term investments (U.S. Government Securities and Agency Investments)

262,059

262,059

Mark-to-market adjustment on forward exchange contracts

(585)

(585)

Long-term investments (U.S. Government Securities and Agency Investments)

143,214

143,214

Total

$

555,502

$

(585)

$

$

554,917

December 31, 2024

 

Fair Value Measurements

 

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

 

Assets

Cash equivalents and other short-term investments:

Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)

$

81,320

$

$

$

81,320

Short-term investments (U.S. Government Securities and Agency Investments)

448,296

448,296

Mark-to-market adjustment on forward exchange contracts

267

267

Total

$

529,616

$

267

$

$

529,883

Schedule of contractual maturities of our cash equivalents and investments

The following table summarizes the contractual maturities of our cash equivalents and investments as of September 30, 2025:

    

Amortized Cost

    

Fair Value

(in thousands)

Due within one year

$

412,217

$

412,288

Due after one year through two years

 

142,983

 

143,214

Total

$

555,200

$

555,502