| CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES |
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CASH, CASH EQUIVALENTS AND MARKETABLE SECURITIES
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June 30,
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December 31,
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2026
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2025
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(Unaudited)
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Cash and cash equivalents:
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Cash
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$
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207,113
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$
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132,131
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U.S. Treasury bills
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9,895
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Bank deposits
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426,704
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331,370
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Money market funds
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209,690
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1,039,648
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Total cash and cash equivalents
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853,402
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1,503,149
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Marketable securities:
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U.S. Treasury bills
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219,353
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162,308
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Total marketable securities
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219,353
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162,308
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Total cash and cash equivalents and marketable securities
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$
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1,072,755
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$
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1,665,457
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The following is a summary of available-for-sale marketable securities as of June 30, 2026 (unaudited), and December 31, 2025, excluding securities classified within cash and cash equivalents on the consolidated balance sheet:
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June 30, 2026
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(Unaudited)
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Amortized cost
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Gross unrealized gains
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Gross unrealized losses
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Fair value
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Contractual maturity:
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Within one year
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$
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98,208
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$
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-
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$
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(166
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)
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$
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98,042
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After one year through five years
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122,391
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-
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(1,080
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)
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121,311
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Total
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$
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220,599
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$
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-
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$
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(1,246
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)
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$
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219,353
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December 31, 2025
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Amortized cost
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Gross unrealized gains
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Gross unrealized losses
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Fair value
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Contractual maturity:
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Within one year
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$
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92,048
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$
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141
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$
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(3
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)
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$
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92,186
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After one year through five years
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69,862
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262
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(2
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70,122
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Total
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$
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161,910
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$
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403
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$
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(5
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$
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162,308
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As of June 30, 2026 (unaudited) and December 31, 2025, interest receivable on marketable securities amounted to $2,298 and $690, respectively, and are included within marketable securities in the consolidated balance sheets.
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