XML 35 R26.htm IDEA: XBRL DOCUMENT v3.23.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Liabilities Measured on a Recurring Basis
The fair value of our financial assets measured on a recurring basis is as follows:
March 31, 2023
Level ILevel IITotal
Cash and cash equivalents:
Cash$19,689 $— $19,689 
Money market funds1,183 — 1,183 
Total Cash and cash equivalents$20,872 $— $20,872 
Marketable securities:
U.S. treasury securities$469,873 $— $469,873 
Commercial paper— 121,808121,808 
Total Marketable securities$469,873 $121,808 $591,681 
December 31, 2022
Level ILevel IITotal
Cash and cash equivalents:
Cash$95,117 $— $95,117 
Money market funds45,655 — 45,655 
Total Cash and cash equivalents$140,772 $— $140,772 
Marketable securities:
U.S. treasury securities$549,124 $— $549,124 
Corporate debt securities— 35,207 35,207 
Commercial paper— 139,131 139,131 
Total Marketable securities$549,124 $174,338 $723,462 
The carrying values and estimated fair values of financial instruments not recorded at fair value are as follows:
March 31, 2023December 31, 2022
Carrying ValueFair ValueCarrying ValueFair Value
Convertible Notes$1,472,148 $1,175,280 $1,470,270 $1,134,030