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CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 2023
Cash, Cash Equivalents, and Short-Term Investments [Abstract] |
Schedule of Cash and Cash Equivalents | As of June 30, 2023 and December 31, 2022, the Company’s cash and cash equivalents and short-term investments were composed of:
| June 30, 2023
| Unaudited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,995 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | — |
Money market funds | Level 1 |  | 139,983 |  |  | — |  |  | — |  |  | 139,983 |  |  | 139,983 |  |  | 139,983 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 251,090 |  |  | — |  |  | — |  |  | 251,090 |  |  | 251,090 |  |  | 7,000 |  |  | 244,090 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 140,031 |  |  | $ | 12 |  |  | $ | (136) |  |  | 139,907 |  |  | 140,031 |  |  | $ | — |  |  | $ | 140,031 |
Government and governmental agencies | Level 2 |  | $ | 25,282 |  |  | $ | 1 |  |  | $ | (60) |  |  | 25,223 |  |  | 25,282 |  |  | $ | — |  |  | $ | 25,282 |
Corporate debt securities | Level 2 |  | $ | 374,434 |  |  | $ | 43 |  |  | $ | (665) |  |  | 373,812 |  |  | 374,434 |  |  | $ | — |  |  | $ | 374,434 |
|  |  | $ | 539,747 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 538,942 |  |  | $ | 539,747 |  |  | $ | — |  |  | $ | 539,747 |
Total |  |  | $ | 940,815 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 940,010 |  |  | $ | 940,815 |  |  | $ | 156,978 |  |  | $ | 783,837 |
| December 31, 2022
| Audited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,697 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | — |
Money market funds | Level 1 |  | 105,629 |  |  | — |  |  | — |  |  | 105,629 |  |  | 105,629 |  |  | 105,629 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 316,946 |  |  | — |  |  | — |  |  | 316,946 |  |  | 316,946 |  |  | — |  |  | 316,946 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 188,030 |  |  | $ | 8 |  |  | $ | (540) |  |  | 187,498 |  |  | 188,030 |  |  | $ | — |  |  | $ | 188,030 |
Government and governmental agencies | Level 2 |  | $ | 44,357 |  |  | $ | 12 |  |  | $ | (12) |  |  | 44,357 |  |  | 44,357 |  |  | $ | — |  |  | $ | 44,357 |
Corporate debt securities | Level 2 |  | $ | 304,766 |  |  | $ | 1,066 |  |  | $ | (587) |  |  | 305,245 |  |  | 304,766 |  |  | $ | — |  |  | $ | 304,766 |
|  |  | $ | 537,153 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 537,100 |  |  | $ | 537,153 |  |  | $ | — |  |  | $ | 537,153 |
Total |  |  | $ | 969,425 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 969,372 |  |  | $ | 969,425 |  |  | $ | 115,326 |  |  | $ | 854,099 |
(1) Changes in fair value of held-to-maturity ("HTM") securities are presented for disclosure purposes as required by ASC 320 "Investments — Debt Securities" and are recorded as finance expenses only if the unrealized loss is identified as a credit loss.
Schedule of Amortized Cost and Recorded Basis of T-bills in Short-Term Investments | As of June 30, 2023 and December 31, 2022, the Company’s cash and cash equivalents and short-term investments were composed of:
| June 30, 2023
| Unaudited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,995 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | — |
Money market funds | Level 1 |  | 139,983 |  |  | — |  |  | — |  |  | 139,983 |  |  | 139,983 |  |  | 139,983 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 251,090 |  |  | — |  |  | — |  |  | 251,090 |  |  | 251,090 |  |  | 7,000 |  |  | 244,090 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 140,031 |  |  | $ | 12 |  |  | $ | (136) |  |  | 139,907 |  |  | 140,031 |  |  | $ | — |  |  | $ | 140,031 |
Government and governmental agencies | Level 2 |  | $ | 25,282 |  |  | $ | 1 |  |  | $ | (60) |  |  | 25,223 |  |  | 25,282 |  |  | $ | — |  |  | $ | 25,282 |
Corporate debt securities | Level 2 |  | $ | 374,434 |  |  | $ | 43 |  |  | $ | (665) |  |  | 373,812 |  |  | 374,434 |  |  | $ | — |  |  | $ | 374,434 |
|  |  | $ | 539,747 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 538,942 |  |  | $ | 539,747 |  |  | $ | — |  |  | $ | 539,747 |
Total |  |  | $ | 940,815 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 940,010 |  |  | $ | 940,815 |  |  | $ | 156,978 |  |  | $ | 783,837 |
| December 31, 2022
| Audited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,697 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | — |
Money market funds | Level 1 |  | 105,629 |  |  | — |  |  | — |  |  | 105,629 |  |  | 105,629 |  |  | 105,629 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 316,946 |  |  | — |  |  | — |  |  | 316,946 |  |  | 316,946 |  |  | — |  |  | 316,946 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 188,030 |  |  | $ | 8 |  |  | $ | (540) |  |  | 187,498 |  |  | 188,030 |  |  | $ | — |  |  | $ | 188,030 |
Government and governmental agencies | Level 2 |  | $ | 44,357 |  |  | $ | 12 |  |  | $ | (12) |  |  | 44,357 |  |  | 44,357 |  |  | $ | — |  |  | $ | 44,357 |
Corporate debt securities | Level 2 |  | $ | 304,766 |  |  | $ | 1,066 |  |  | $ | (587) |  |  | 305,245 |  |  | 304,766 |  |  | $ | — |  |  | $ | 304,766 |
|  |  | $ | 537,153 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 537,100 |  |  | $ | 537,153 |  |  | $ | — |  |  | $ | 537,153 |
Total |  |  | $ | 969,425 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 969,372 |  |  | $ | 969,425 |  |  | $ | 115,326 |  |  | $ | 854,099 |
(1) Changes in fair value of held-to-maturity ("HTM") securities are presented for disclosure purposes as required by ASC 320 "Investments — Debt Securities" and are recorded as finance expenses only if the unrealized loss is identified as a credit loss.
Schedule of Available-for-Sale Securities Reconciliation | As of June 30, 2023 and December 31, 2022, the Company’s cash and cash equivalents and short-term investments were composed of:
| June 30, 2023
| Unaudited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,995 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | 9,995 |  |  | $ | — |
Money market funds | Level 1 |  | 139,983 |  |  | — |  |  | — |  |  | 139,983 |  |  | 139,983 |  |  | 139,983 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 251,090 |  |  | — |  |  | — |  |  | 251,090 |  |  | 251,090 |  |  | 7,000 |  |  | 244,090 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 140,031 |  |  | $ | 12 |  |  | $ | (136) |  |  | 139,907 |  |  | 140,031 |  |  | $ | — |  |  | $ | 140,031 |
Government and governmental agencies | Level 2 |  | $ | 25,282 |  |  | $ | 1 |  |  | $ | (60) |  |  | 25,223 |  |  | 25,282 |  |  | $ | — |  |  | $ | 25,282 |
Corporate debt securities | Level 2 |  | $ | 374,434 |  |  | $ | 43 |  |  | $ | (665) |  |  | 373,812 |  |  | 374,434 |  |  | $ | — |  |  | $ | 374,434 |
|  |  | $ | 539,747 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 538,942 |  |  | $ | 539,747 |  |  | $ | — |  |  | $ | 539,747 |
Total |  |  | $ | 940,815 |  |  | $ | 56 |  |  | $ | (861) |  |  | $ | 940,010 |  |  | $ | 940,815 |  |  | $ | 156,978 |  |  | $ | 783,837 |
| December 31, 2022
| Audited
| Fair value level |  | Adjusted cost basis |  | Unrealized gains |  | Unrealized losses |  | Fair market value |  | Recorded basis |  | Cash and cash equivalents |  | Short-term investments
Cash |  |  | $ | 9,697 |  |  | $ | — |  |  | $ | — |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | 9,697 |  |  | $ | — |
Money market funds | Level 1 |  | 105,629 |  |  | — |  |  | — |  |  | 105,629 |  |  | 105,629 |  |  | 105,629 |  |  | — |
Certificate of deposits and term deposits | Level 2 |  | 316,946 |  |  | — |  |  | — |  |  | 316,946 |  |  | 316,946 |  |  | — |  |  | 316,946 |
HTM securities (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury bills | Level 1 |  | $ | 188,030 |  |  | $ | 8 |  |  | $ | (540) |  |  | 187,498 |  |  | 188,030 |  |  | $ | — |  |  | $ | 188,030 |
Government and governmental agencies | Level 2 |  | $ | 44,357 |  |  | $ | 12 |  |  | $ | (12) |  |  | 44,357 |  |  | 44,357 |  |  | $ | — |  |  | $ | 44,357 |
Corporate debt securities | Level 2 |  | $ | 304,766 |  |  | $ | 1,066 |  |  | $ | (587) |  |  | 305,245 |  |  | 304,766 |  |  | $ | — |  |  | $ | 304,766 |
|  |  | $ | 537,153 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 537,100 |  |  | $ | 537,153 |  |  | $ | — |  |  | $ | 537,153 |
Total |  |  | $ | 969,425 |  |  | $ | 1,086 |  |  | $ | (1,139) |  |  | $ | 969,372 |  |  | $ | 969,425 |  |  | $ | 115,326 |  |  | $ | 854,099 |
(1) Changes in fair value of held-to-maturity ("HTM") securities are presented for disclosure purposes as required by ASC 320 "Investments — Debt Securities" and are recorded as finance expenses only if the unrealized loss is identified as a credit loss.

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