CASH AND CASH EQUIVALENTS AND MARKETABLE SECURITIES (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Cash and Cash Equivalents [Abstract] |
|
| Schedule of Cash and Cash Equivalents and Marketable Securities |
Cash and cash equivalents and marketable securities consisted of the following as of June 30, 2026 and December 31, 2025: | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Cash and cash equivalents | $ | 2,129,485 | | | $ | 828,660 | | | Marketable securities, current | 172,700 | | | 187,917 | | | Marketable securities, non-current | 85,405 | | | 82,247 | | | Total cash and cash equivalents and marketable securities | $ | 2,387,590 | | | $ | 1,098,824 | |
|
| Schedule of Cash Equivalents and Marketable Securities |
As of June 30, 2026, cash equivalents and marketable securities consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortized Cost | | Gross Unrealized Gains | | Gross Unrealized Losses | | Fair Value | | Cash Equivalents | | Marketable Securities | | Money market accounts | $ | 2,039,015 | | | $ | — | | | $ | — | | | $ | 2,039,015 | | | $ | 2,039,015 | | | $ | — | | | Certificates of deposit | 32,148 | | | 2 | | | (20) | | | 32,130 | | | — | | | 32,130 | | | Commercial paper | 36,345 | | | 3 | | | (46) | | | 36,302 | | | — | | | 36,302 | | | Corporate debt securities | 95,475 | | | 13 | | | (190) | | | 95,298 | | | — | | | 95,298 | | | Yankee bonds | 4,872 | | | 1 | | | (1) | | | 4,872 | | | — | | | 4,872 | | | U.S. Treasury securities | 54,554 | | | 4 | | | (255) | | | 54,303 | | | — | | | 54,303 | | | Asset-backed securities | 35,188 | | | 28 | | | (16) | | | 35,200 | | | — | | | 35,200 | | | Total | $ | 2,297,597 | | | $ | 51 | | | $ | (528) | | | $ | 2,297,120 | | | $ | 2,039,015 | | | $ | 258,105 | |
|
| Schedule of Cash Equivalents and Marketable Securities with Unrealized Losses |
The following table presents the Company’s marketable securities with unrealized losses by investment category and the length of time the marketable securities have been in a continuous loss position as of June 30, 2026: | | | | | | | | | | | | | | | | | | | | | In Loss Position for
Less than 12 Months | | | | | | Fair Value | | Unrealized Losses | | | | | | | | | | Certificates of deposit | $ | 27,801 | | | $ | (20) | | | | | | | | | | | Commercial paper | 32,857 | | | (46) | | | | | | | | | | | Corporate debt securities | 65,554 | | | (190) | | | | | | | | | | | Yankee bonds | 3,093 | | | (1) | | | | | | | | | | | U.S. Treasury securities | 36,344 | | | (255) | | | | | | | | | | | Asset-backed securities | 19,769 | | | (16) | | | | | | | | | | | Total | $ | 185,418 | | | $ | (528) | | | | | | | | | |
|
| Schedule of Debt Securities, Available-for-Sale, Maturity |
The following table summarizes the contractual maturities of the Company’s cash equivalents and marketable securities as of June 30, 2026: | | | | | | | | | | | | | Amortized Cost | | Fair Value | | Due within one year | $ | 2,211,898 | | | $ | 2,211,715 | | | Due within one to two years | 85,699 | | | 85,405 | | | Total | $ | 2,297,597 | | | $ | 2,297,120 | |
|