The following table summarizes our cash equivalents and marketable securities measured at fair value and by level on a recurring basis as of March 31, 2024:


(In thousands)	Level 1		Level 2		Level 3		Total
Cash equivalents	$	21,530	$	55,891	$	—	$	77,421
Total cash equivalents	21,530		55,891		—		77,421

Marketable securities:
Certificates of deposit	$	—	$	11,381	$	—	$	11,381
U.S. Treasuries	—		112,455		—		112,455
Government securities	—		174,624		—		174,624
Corporate debt securities	—		297,068		—		297,068
Total marketable securities	—		595,528		—		595,528
Total cash equivalents and marketable securities	$	21,530	$	651,419	$	—	$	672,949