v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis
As of June 30, 2026 and December 31, 2025 the following financial assets and liabilities are measured at fair value on a recurring basis and are categorized using the fair value hierarchy as follows:
June 30, 2026
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market accounts$2,039,015 $— $— $2,039,015 
Marketable securities, current:
Certificates of deposit— 32,130 — 32,130 
Commercial paper— 36,302 — 36,302 
Corporate debt securities— 82,669 — 82,669 
Yankee bonds— 2,140 — 2,140 
U.S. Treasury securities19,460 — — 19,460 
Marketable securities, non-current
Corporate debt securities— 12,629 — 12,629 
Yankee bonds— 2,732 — 2,732 
U.S. Treasury securities34,843 — — 34,843 
Asset-backed securities— 35,200 — 35,200 
Total$2,093,318 $203,802 $— $2,297,120 
Liabilities:
Other non-current liabilities:
Contingent consideration$— $— $13,674 $13,674 
Total$— $— $13,674 $13,674 
December 31, 2025
Level 1Level 2Level 3Total
Assets:
Cash equivalents:
Money market accounts$741,498 $— $— $741,498 
Certificates of deposit— 1,556 — 1,556 
Marketable securities, current:
Certificates of deposit— 9,294 — 9,294 
Commercial paper— 27,776 — 27,776 
Corporate debt securities— 103,077 — 103,077 
Yankee bonds— 5,351 — 5,351 
U.S. Treasury securities40,576 — — 40,576 
Asset-backed securities— 1,843 — 1,843 
Marketable securities, non-current
Certificates of deposit— 2,327 — 2,327 
Corporate debt securities— 33,509 — 33,509 
U.S. Treasury securities8,492 — — 8,492 
Asset-backed securities— 37,919 — 37,919 
Total$790,566 $222,652 $— $1,013,218 
Liabilities:
Other non-current liabilities:
Contingent consideration$— $— $7,634 $7,634 
Total$— $— $7,634 $7,634 
Schedule of Contingent Consideration Obligation
The following table presents contingent consideration obligations measured on a recurring basis using Level 3 inputs as of June 30, 2026 and December 31, 2025:
December 31, 2025$7,634 
Addition5,654 
Fair value adjustments386 
June 30, 2026$13,674