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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Dec. 31, 2025
Equity [Abstract] |
Summary of Stock Option Activity | A summary of stock option activity for the year ended December 31, 2025 is as follows (in thousands, except share and per share data):
| Number of Stock Options Outstanding |  | Weighted Average Exercise Price |  | Weighted Average Remaining Contractual Term (in years) |  | Aggregate Intrinsic Value
Outstanding, beginning of the period | 2,578 |  |  | $ | 72.17 |  |  | 5.11 |  | $ | 67,966 |
Granted | 1,769 |  |  | 55.66 |  |  |  |  |
Exercised | (514) |  |  | 25.83 |  |  |  |  |
Forfeited | — |  |  | — |  |  |  |  |
Expired | (76) |  |  | 143.45 |  |  |  |  |
Outstanding, end of the period | 3,757 |  |  | $ | 69.29 |  |  | 6.95 |  | $ | 29,151 |
Exercisable, end of the period | 1,947 |  |  | $ | 78.37 |  |  | 5.27 |  | $ | 15,377 |
Restricted Stock Awards and Restricted Stock Units Activity | Activity related to RSUs during the year ended December 31, 2025 is set forth below:
| Number of Shares |  | Weighted Average Grant Date Fair Value
Unvested, beginning of the period | 37,079 |  |  | $ | 70.51 |
Granted | 19,273 |  |  | 64.19 |
Vested | (16,829) |  |  | 72.60 |
Forfeited | (8,236) |  |  | 67.42 |
Unvested, end of the period | 31,287 |  |  | $ | 66.31 |
Fair Value Assumptions for Options | The fair values of stock options granted were estimated using the following weighted-average assumptions:
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
Dividend yield | — | % |  | — | % |  | — | %
Risk-free interest rate | 3.98 | % |  | 4.65 | % |  | 3.48 | %
Expected volatility | 57.91 | % |  | 62.92 | % |  | 62.32 | %
Expected term (years) | 4.62 |  | 6.02 |  | 6.02
Summary of the Effect of Share-Based Compensation on the Consolidated Statements of Operations | The following table summarizes the effects of share-based compensation on the consolidated statements of operations (in thousands):
| Year Ended December 31,
| 2025 |  | 2024 |  | 2023
Cost of revenue | $ | 545 |  |  | $ | 707 |  |  | $ | 601 |
Product development | 874,680 |  |  | 903,262 |  |  | 902,130 |
Sales and marketing | 114,390 |  |  | 131,233 |  |  | 130,665 |
General and administrative | 225,865 |  |  | 237,355 |  |  | 242,701 |
Total | $ | 1,215,480 |  |  | $ | 1,272,557 |  |  | $ | 1,276,097 |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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