FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2024 (in thousands):

			Fair Value Measurements, Using
	Total Carrying Value as of December 31,  2024		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Short-term U.S. Government bonds	$	393,536	$	393,536	$	—	$	—
Long-term U.S. Government bonds		435,473		435,473		—		—
Cash equivalents		2,662		2,662		—		—
Short-term Marketable Securities		154		154		—		—

The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2023 (in thousands):

			Fair Value Measurements, Using
	Total Carrying Value as of December 31,  2023		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Short-term U.S. Government bonds	$	420,378		420,378		—		—
Long-term U.S. Government bonds		285,502		285,502		—		—
Short-term Corporate bonds		1,759		1,759		—		—
Cash equivalents		268		268		—		—