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Cash, Cash Equivalents, Restricted Cash, and Short-term Investments (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025 and December 31, 2024:

 As of March 31, 2025
 Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair ValueCash and cash equivalentsShort-term investmentsOther Current AssetsNon-current Assets
 (in thousands)
Cash$4,910,386 $— $— $4,910,386 $4,906,264 $— $4,044 $78 
Level 1 securities:
Money market funds2,054,298 — — 2,054,298 2,054,240 — — 58 
Level 2 securities:
Time Deposits(1)
438,449 — — 438,449 239,344 199,105 — — 
Government securities(2)
971,130 907 — 972,037 — 972,037 — — 
$8,374,263 $907 $— $8,375,170 $7,199,848 $1,171,142 $4,044 $136 

 As of December 31, 2024
 Amortized CostGross Unrealized GainsGross Unrealized LossesEstimated Fair ValueCash and cash equivalentsShort-term investmentsOther Current AssetsNon-current Assets
 (in thousands)
Cash$4,866,753 $— $— $4,866,753 $4,864,207 $— $2,472 $74 
Level 1 securities:
Money market funds2,676,314 — — 2,676,314 2,676,256 — — 58 
Level 2 securities:
Time Deposits(1)
301,374 — — 301,374 264,270 37,104 — — 
Government securities(2)
1,738,642 3,260 — 1,741,902 — 1,741,902 — — 
$9,583,083 $3,260 $— $9,586,343 $7,804,733 $1,779,006 $2,472 $132 
(1) The majority of the Company's time deposits are international deposits, which mature within one year.
(2) The Company's government securities mature within one year.