v3.25.2
FAIR VALUE MEASUREMENTS
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS
NOTE 7:-
FAIR VALUE MEASUREMENTS
 
The following table presents information about the Company’s financial assets that have been measured at fair value on a recurring basis, as of June 30, 2025 (unaudited), and December 31, 2024, and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value:

 

   
As of June 30,
   
As of December 31,
 
   
2025
   
2024
 
   
Level 1
   
Level 2
   
Total
   
Level 1
   
Level 2
   
Total
 
   
(Unaudited)
                   
Cash equivalents:
                                   
Money market funds
 
$
1,334,384
   
$
-
   
$
1,334,384
   
$
1,291,274
   
$
-
   
$
1,291,274
 
                                                 
Marketable securities:
                                               
U.S. Treasury bills
   
60,102
     
-
     
60,102
     
50,004
     
-
     
50,004
 
                                                 
Foreign currency derivative contracts:
                                               
Foreign exchange contracts
   
-
     
22,825
     
22,825
     
-
     
2,984
     
2,984
 
Total
 
$
1,394,486
   
$
22,825
   
$
1,417,311
   
$
1,341,278
   
$
2,984
   
$
1,344,262
 
 
The Company classifies its highly liquid money market funds and marketable securities within Level 1 of the fair value hierarchy because they are valued based on quoted market prices in active markets. Foreign currency derivative contracts are classified within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments.