v3.25.4

Fair Value Measures and Disclosures - Schedule of Assets Measured on a Recurring Basis (Details) - USD ($) $ in Thousands | Dec. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Fair value of financial instruments |  |
Debt securities (government) | $ 482,787 |
Long term equity investments | 47,991 | $ 18,814
Estimate of Fair Value Measurement |  |
Fair value of financial instruments |  |
Cash and cash equivalents | 3,097,817 | 1,687,829
Debt securities (government) | 482,787 | 470,263
Long term equity investments | 47,991 | 18,814
Total assets | 3,628,595 | 2,176,906
Quoted Prices in Active Markets for Identical Assets (Level 1) |  |
Fair value of financial instruments |  |
Cash and cash equivalents | 3,097,817 | 1,687,829
Debt securities (government) | 0 | 0
Long term equity investments | 47,991 | 18,814
Total assets | 3,145,808 | 1,706,643
Significant Other Observable Inputs (Level 2) |  |
Fair value of financial instruments |  |
Cash and cash equivalents | 0 | 0
Debt securities (government) | 482,787 | 470,263
Long term equity investments | 0 | 0
Total assets | 482,787 | 470,263
Significant Unobservable Inputs (Level 3) |  |
Fair value of financial instruments |  |
Cash and cash equivalents | 0 | 0
Debt securities (government) | 0 | 0
Long term equity investments | 0 | 0
Total assets | $ 0 | $ 0

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