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Cash, Cash Equivalents, Restricted Cash, and Short-term Investments (Tables)
6 Months Ended
Jun. 30, 2024
Short-Term Investments And Fair Value Measurement [Abstract]  
Schedule of Cash, Restricted Cash and Short-term Investments
The following tables summarize the Company's cash, cash equivalents, restricted cash and short-term investments as of June 30, 2024 and December 31, 2023:

 As of June 30, 2024
 Cash and cash equivalentsShort-term investmentsOther Current AssetsNon-current AssetsTotal
 (in thousands)
Cash$6,005,440 $— $1,973 $77 $6,007,490 
Level 1 securities:
Money market funds356,346 — — 56 356,402 
Level 2 securities:
Time Deposits (1)263,153 30,973 — — 294,126 
$6,624,939 $30,973 $1,973 $133 $6,658,018 


 As of December 31, 2023
 Cash and cash equivalentsShort-term investmentsOther Current AssetsNon-current AssetsTotal
 (in thousands)
Cash$5,986,629 $— $1,466 $81 $5,988,176 
Level 1 securities:
Money market funds925,652 — — 55 925,707 
Level 2 securities:
Time Deposits (1)204,632 20,973 — — 225,605 
$7,116,913 $20,973 $1,466 $136 $7,139,488 
(1) The majority of the Company's time deposits are international deposits, which mature within one year.