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Fair Value (Tables)
9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents fair values of our financial and debt instruments categorized by their fair value hierarchy as of September 30, 2025:
Level 1Level 2Level 3Total
Cash and cash equivalents$834,101 $— $— $834,101 
Available-for-sale investments— 139,159 — 139,159 
Equity investment
— — 10,000 10,000 
Convertible Senior Notes due 2026— 663,690 — 663,690 
The following table presents fair values of our financial and debt instruments categorized by their fair value hierarchy as of December 31, 2024:
Level 1Level 2Level 3Total
Cash and cash equivalents$744,721 $— $— $744,721 
Available-for-sale investments— 34,015 — 34,015 
Equity investment
— — 10,000 10,000 
Convertible Senior Notes due 2026— 731,310 — 731,310 
Schedule of Fair Value, by Balance Sheet Grouping
The following table presents the fair value and carrying value, net, of our Convertible Senior Notes:
 Fair Value atCarrying Value at
September 30, 2025December 31, 2024September 30, 2025December 31, 2024
Convertible Senior Notes due 2026$663,690 $731,310 $599,231 $597,934