FAIR VALUE MEASUREMENTS

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

NOTE 5: FAIR VALUE MEASUREMENTS

In accordance with ASC 820, the Company measures its cash equivalents and marketable securities at fair value using the market approach valuation technique. Cash equivalents and marketable securities are classified within Level 1 or Level 2 because these assets are valued using quoted market prices or alternative pricing sources and models utilizing market observable inputs. Foreign currency derivative contracts are classified within the Level 2 value hierarchy, as the valuation inputs are based on quoted prices and market observable data of similar instruments.

The following table sets forth the Company’s assets and liabilities that were measured at fair value as of September 30, 2024 and December 31, 2023 by level within the fair value hierarchy:

		Fair Value Measurements As Of
Description	Fair Value Hierarchy	September 30, 2024		December 31, 2023
Measured at fair value on a recurring basis:
Assets:
Cash equivalents:
Money market funds	Level 1	$	23,613	$	18,745
Short-term marketable securities:
Corporate bonds	Level 2	$	19,548	$	6,989
U.S. Treasury	Level 2	$	18,379	$	8,812
Commercial paper	Level 2	$	1,444	$	8,850
Agency bonds	Level 2	$	1,502	$	8,041
Long-term marketable securities:
Corporate bonds	Level 2	$	551	$	2,958
Agency bonds	Level 2	$	1,678	$	2,886
Prepaid expenses and other current assets:
Restricted bank deposits	Level 2	$	3,397	$	3,397
Options and forward contracts designated as hedging instruments	Level 2	$	311	$	998
Other assets, noncurrent:
Restricted bank deposit	Level 2	$	1,002	$	1,025
Liabilities:
Derivative instruments liability included in accrued expenses and other current liabilities:
Options and forward contracts designated as hedging instruments	Level 2	$	80	$	—