Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Measurements

Schedule of Company's assets and liabilities by level within the fair value hierarchy

	September 30, 2024
	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
	(in thousands)
Assets
Cash equivalents and other short-term investments:
Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)	$	81,623	$	—	$	—	$	81,623
Short-term investments (U.S. Government Securities and Agency Investments)		460,473		—		—		460,473
Mark-to-market adjustment on forward exchange contracts		—		(583)		—		(583)
Total	$	542,096	$	(583)	$	—	$	541,513

	December 31, 2023
	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
	(in thousands)
Assets
Cash equivalents and other short-term investments:
Cash equivalents (money market funds, U.S. Government Securities and Agency Investments)	$	118,278	$	—	$	—	$	118,278
Short-term investments (U.S. Government Securities and Agency Investments)		339,240		—		—		339,240
Total	$	457,518	$	—	$	—	$	457,518