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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2024
Fair Value Measurements  
Schedule of available-for-sale investments within cash equivalents and short-term investments

Cash equivalents and short-term investments as of September 30, 2024 and December 31, 2023 consist of the following (in thousands):

September 30, 2024

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Cash equivalents:

Money market funds

$

144,729

$

$

$

144,729

Short-term investments:

U.S. Government treasury securities

260,999

604

261,603

Total

$

405,728

$

604

$

$

406,332

December 31, 2023

    

Amortized Cost

    

Unrealized Gains

    

Unrealized Losses

    

Fair Value

Cash equivalents:

Money market funds

$

129,123

$

$

$

129,123

Short-term investments:

U.S. Government treasury securities

152,129

103

152,232

Total

$

281,252

$

103

$

$

281,355