XML 39 R30.htm IDEA: XBRL DOCUMENT
v3.23.3

Strategic Investments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Strategic Investments |
Schedule of Roll-Forward of Strategic Investments | The following tables provide a roll-forward of the balance of strategic investments (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended September 30, 2023 | ​ | Three Months Ended September 30, 2022
​ |  | Strategic investments |  | Warrants |  | ​ | Call options |  | Total |  | Strategic investments |  | Warrants |  | ​ | Call options | ​ | ​ | Total
Balance, beginning of period | ​ | $ | 215,945 | ​ | $ | 459 | ​ | $ | 17,233 | ​ | $ | 233,637 | ​ | $ | 264,156 | ​ | $ | 1,195 | ​ | ​ | 16,340 | ​ | $ | 281,691
Investments | ​ | ​ | 4,099 | ​ | ​ | 1,176 | ​ | ​ | — | ​ | ​ | 5,275 | ​ | ​ | 8,004 | ​ | ​ | 459 | ​ | ​ | 893 | ​ | ​ | 9,356
Fair value adjustments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized losses and impairments | ​ | ​ | — | ​ | ​ | (113) | ​ | ​ | — | ​ | ​ | (113) | ​ | ​ | (718) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (718)
Exercises | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Balance, end of period | ​ | $ | 221,544 | ​ | $ | 1,522 | ​ | $ | 17,233 | ​ | $ | 240,299 | ​ | $ | 271,442 | ​ | $ | 1,654 | ​ | $ | 17,233 | ​ | $ | 290,329
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine Months Ended September 30, 2023 | ​ | Nine Months Ended September 30, 2022
​ |  | Strategic investments |  | Warrants |  | ​ | Call options |  | Total |  | Strategic investments |  | Warrants |  | ​ | Call options | ​ | ​ | Total
Balance, beginning of period | ​ | $ | 277,676 | ​ | $ | 1,654 | ​ | $ | 17,233 | ​ | $ | 296,563 | ​ | $ | 80,775 | ​ | $ | 2,745 | ​ | ​ | — | ​ | $ | 83,520
Investments | ​ | ​ | 15,016 | ​ | ​ | 1,176 | ​ | ​ | — | ​ | ​ | 16,192 | ​ | ​ | 53,164 | ​ | ​ | 459 | ​ | ​ | 17,233 | ​ | ​ | 70,856
Fair value adjustments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Unrealized gains | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 41,893 | ​ | ​ | 28,539 | ​ | ​ | — | ​ | ​ | 70,432
Unrealized losses and impairments | ​ | ​ | (72,648) | ​ | ​ | (1,308) | ​ | ​ | — | ​ | ​ | (73,956) | ​ | ​ | (1,109) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (1,109)
Exercises | ​ | ​ | 1,500 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 1,500 | ​ | ​ | 96,719 | ​ | ​ | (30,089) | ​ | ​ | — | ​ | ​ | 66,630
Balance, end of period | ​ | $ | 221,544 | ​ | $ | 1,522 | ​ | $ | 17,233 | ​ | $ | 240,299 | ​ | $ | 271,442 | ​ | $ | 1,654 | ​ | $ | 17,233 | ​ | $ | 290,329
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Inception to date
​ |  | Strategic investments |  | Warrants |  | ​ | Call options |  | Total
Investments | ​ | $ | 124,498 | ​ | $ | 4,222 | ​ | $ | 17,233 | ​ | $ | 145,953
Fair value adjustments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Realized gains | ​ | ​ | 12,312 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 12,312
Unrealized gains | ​ | ​ | 74,817 | ​ | ​ | 29,073 | ​ | ​ | — | ​ | ​ | 103,890
Unrealized losses and impairments | ​ | ​ | (73,756) | ​ | ​ | (1,684) | ​ | ​ | — | ​ | ​ | (75,440)
Exercises | ​ | ​ | 98,219 | ​ | ​ | (30,089) | ​ | ​ | — | ​ | ​ | 68,130
Sales | ​ | ​ | (14,546) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (14,546)
Balance, end of period | ​ | $ | 221,544 | ​ | $ | 1,522 | ​ | $ | 17,233 | ​ | $ | 240,299
​

X
- Definition Tabular disclosure of investment in equity security without readily determinable fair value. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 321 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479536/321-10-50-3 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 321 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479536/321-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 321 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479536/321-10-50-3 + Details
Name: | us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration