XML 59 R38.htm IDEA: XBRL DOCUMENT v3.23.1

Investments (Tables)

12 Months Ended

Dec. 31, 2022

Investments, Debt and Equity Securities [Abstract]

Components of Investments

The components of investments were as follows:

			As of December 31, 2022
			Adjusted Cost Basis						Unrealized Gains						Unrealized Losses						Fair Value						Cash and Cash Equivalents						Marketable Securities - Current						Marketable Securities - Non-current
Asset-backed securities			$	58,455					$	1					$	(264)					$	58,192					$	—					$	1,464					$	56,728
Corporate notes and bonds			111,592						—						(1,294)						110,298						—						110,298						—
Commercial paper			10,477						2						—						10,479						—						10,479						—
Money market funds			232,448						—						—						232,448						232,448						—						—
Foreign government securities			5,064						—						(37)						5,027						—						5,027						—
US government and agency securities			86,869						29						—						86,898						86,898						—						—
Total investments			$	504,905					$	32					$	(1,595)					$	503,342					$	319,346					$	127,268					$	56,728

			As of December 31, 2021
			Adjusted Cost Basis						Unrealized Gains						Unrealized Losses						Fair Value						Cash and Cash Equivalents						Marketable Securities - Current						Marketable Securities - Non-current
Asset-backed securities			$	111,619					$	1					$	(68)					$	111,552					$	—					$	5,372					$	106,180
Certificates of deposits			6,002						—						—						6,002						—						6,002						—
Corporate notes and bonds			207,170						21						(201)						206,990						3,026						132,688						71,276
Commercial paper			109,391						—						—						109,391						24,193						85,198						—
Money market funds			51,768						—						—						51,768						51,768						—						—
Foreign government securities			8,186						—						(5)						8,181						—						3,008						5,173
US government and agency securities			86,783						4						—						86,787						—						86,787						—
Total investments			$	580,919					$	26					$	(274)					$	580,671					$	78,987					$	319,055					$	182,629

Schedule of Unrealized Losses on Debt Investments

Marketable securities with continuous unrealized losses for less than 12 months and 12 months or greater and their related fair values were as follows:

			As of December 31, 2022
			Less than 12 Months												12 Months or more												Total
			Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses						Fair Value						Gross Unrealized Losses
Asset-backed securities			$	52,412					$	(229)					$	4,656					$	(35)					$	57,068					$	(264)
Corporate notes and bonds			55,864						(571)						54,434						(723)						110,298						(1,294)
Foreign government securities			—						—						5,027						(37)						5,027						(37)
Total investments			$	108,276					$	(800)					$	64,117					$	(795)					$	172,393					$	(1,595)

Schedule of Debt Investment Maturities

Marketable Securities Maturities

						Adjusted						Estimated
						Cost Basis						Fair Value
December 31, 2022
Due in one year or less						$	128,597					$	127,268
Due after one year through five years						56,990						56,728
Total						$	185,587					$	183,996

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-URI https://asc.fasb.org/topic&trid=2196928

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 55
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=121590138&loc=SL82922954-210456

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=124269663&loc=SL82922888-210455

+ Details

Name:	us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI).

+ References

No definition available.

+ Details

Name:	us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration