v3.25.4
INCOME TAXES - Schedule of Effective Income Tax Rate Differs from Statutory Federal Income Tax Rate Previous Year (Detail)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Effective Income Tax Rate Reconciliation, Percent      
At U.S. federal statutory rate 21.00% 21.00% 21.00%
State taxes, net of federal effect (0.70%) 10.10% 8.60%
Stock-based compensation expense (28.10%) 9.60% 3.90%
Tax credits   7.50% 6.70%
Nondeductible compensation   (0.038) (0.030)
Other permanent items 0.70% (1.80%) 0.80%
Foreign rate differential   2.70% (0.70%)
Bermuda tax law enactment   0 0.859
Internal reorganization of certain intellectual property rights   (10.50%) 12.60%
Other (1.30%) (1.20%) 1.70%
Uncertain tax position reserve 5.90% (14.30%) 0.00%
Revaluation of deferred taxes due to rate change   (0.60%) 5.10%
Valuation allowance 2.90% 7.60% (144.10%)
Effective income tax rate 2.90% 26.30% (1.50%)