v3.26.1
FAIR VALUE MEASUREMENTS
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS
NOTE 8:-
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, 2026 (unaudited), and December 31, 2025, and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value:
 
   
As of June 30,
    
As of December 31,
  
   
2026
    
2025
  
   
Level 1
    
Level 2
    
Total
    
Level 1
    
Level 2
    
Total
  
   
(Unaudited)
                    
Cash equivalents:
                                    
Money market funds
  
$
209,690
    
$
-
    
$
209,690
    
$
1,039,648
    
$
-
    
$
1,039,648
  
U.S. Treasury bills
    
9,895
      
-
      
9,895
      
-
      
-
      
-
  
                                                 
Marketable securities:
                                                
U.S. Treasury bills
    
219,353
      
-
      
219,353
      
162,308
      
-
      
162,308
  
                                                 
Foreign currency derivative contracts:
                                                
Foreign exchange contracts
    
-
      
12,024
      
12,024
      
-
      
20,168
      
20,168
  
Total
  
$
438,938
    
$
12,024
    
$
450,962
    
$
1,201,956
    
$
20,168
    
$
1,222,124
  
 
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.