XML 126 R99.htm IDEA: XBRL DOCUMENT v3.25.0.1
INCOME TAXES - Tax Effects of Temporary Differences and Related Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets:    
Capitalized costs & research and development capitalization $ 886,474 $ 552,731
Accrued expenses 122,470 173,556
Net operating loss carryforwards 388,199 935,289
Tax credit carryforwards 485,266 529,314
Share-based compensation 34,979 45,153
Intangible and other assets 375,316 0
Other 105,976 61,489
Operating lease liability 81,885 85,154
Cryptocurrency investment 0 0
Deferred consideration 9,192 6,943
Convertible notes 18,339 33,952
Total deferred tax assets 2,508,096 2,423,581
Valuation allowance (646,223) (2,001,438)
Total deferred tax assets, net of valuation allowance 1,861,873 422,143
Deferred tax liabilities:    
Intangible and other assets 0 (332,512)
Unrealized gain on investments (36,582) (25,618)
Operating lease right-of-use asset (52,849) (60,600)
Cryptocurrency investment (133,883) (29,711)
Total deferred tax liabilities (223,314) (448,441)
Net deferred tax assets 1,638,559  
Net deferred tax liabilities   (26,298)
Deferred tax assets (Note 15) 1,800,994 9,397
Deferred tax liabilities $ (162,435) $ (35,695)