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INCOME TAXES - Schedule of Effective Income Tax Rate Differs from Statutory Federal Income Tax Rate (Detail)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Effective Income Tax Rate Reconciliation, Percent      
At U.S. federal statutory rate 21.00% 21.00% 21.00%
State taxes, net of federal effect 8.60% 6.00% 5.20%
Stock-based compensation 3.90% 4.40% 4.60%
Tax credits 6.70% 2.70% 4.50%
Nondeductible compensation (0.030) 0 0
Other permanent items 0.80% (1.50%) (1.00%)
Foreign rate differential (0.70%) (0.50%) (1.70%)
Bermuda tax law enactment 0.859 0 0
Internal reorganization of certain intellectual property rights 12.60% 0.00% 20.10%
Other 1.70% (0.80%) (0.10%)
Revaluation of deferred due to rate change 5.10% (0.40%) 1.10%
Valuation allowance (144.10%) (31.30%) (53.80%)
Effective income tax rate (1.50%) (0.40%) (0.10%)