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Fair Value (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value

The Company’s financial assets measured at fair value are as follows (in thousands):

 

 

As of September 30, 2021

 

 

As of December 31, 2020

 

 

 

Fair Value

 

 

Level 1

 

 

Fair Value

 

 

Level 1

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash

 

$

1,736,948

 

 

$

1,736,948

 

 

$

1,021,022

 

 

$

1,021,022

 

Money market funds

 

 

442,797

 

 

 

442,797

 

 

 

71,793

 

 

 

71,793

 

Restricted cash, current

 

 

 

 

 

 

 

 

434

 

 

 

434

 

Restricted cash, non-current

 

 

1,512

 

 

 

1,512

 

 

 

 

 

 

 

Total assets measured and recorded at fair value

 

$

2,181,257

 

 

$

2,181,257

 

 

$

1,093,249

 

 

$

1,093,249