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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2025:
Level 1Level 2Level 3Total
Cash and cash equivalents
$1,015,400 $— $— $1,015,400 
Available-for-sale investments
— 142,498 — 142,498 
Equity investment— — 10,000 10,000 
Convertible Senior Notes due 2026— 607,500 — 607,500 
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 and Carrying Value, Net
The following table presents the fair value and carrying value, net, of our Convertible Senior Notes:
 Fair Value at December 31,Carrying Value at December 31,
2025202420252024
Convertible Senior Notes due 2026$607,500 $731,310 $599,663 $597,934