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Cash, Cash Equivalents, Restricted Cash, and Investments
12 Months Ended
Dec. 31, 2022
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents, Restricted Cash, and Investments Cash, Cash Equivalents, Restricted Cash, and Investments
The following table summarizes the Company’s cash, cash equivalents, restricted cash and short-term investments as of December 31, 2022 and December 31, 2021 (in thousands).

December 31,
20222021
 
Cash
$165,599 $275,386 
Cash equivalents:
 
Time deposits
51,192 979 
Money market funds
273,098 180,013 
Commercial paper7,990 — 
Total cash equivalents
332,280 180,992 
Total cash and cash equivalents
$497,879 456,378 
Restricted cash
— 1,718 
Total cash, cash equivalents, and restricted cash
$497,879 $458,096 
Short-term investments:
 
Time deposits
125,281 40,045 
Commercial paper27,708 — 
Corporate debt securities21,724 — 
U.S. government agency securities39,597 — 
Non-U.S. government and agency securities3,946 — 
Total short-term investments
218,256 40,045 
Total cash, cash equivalents, restricted cash, and investments
$716,135 $498,141 
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See Note 5. Fair Value Measurements of the Notes to Consolidated Financial Statements of this Report for further information regarding the fair value of the Company’s financial instruments.