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SEGMENT INFORMATION - Reconciliation (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Segment Reporting [Abstract] |  |  |
Total segment gross profit | $ 714,330 | $ 471,174 | $ 343,394
Costs and expenses |  |  |
General and administrative expenses | 49,183 | 40,934 | 39,761
Depreciation and amortization | 472 | 341 | 431
Acquisition related costs | 26,508 | 0 | 0
Operating income | 638,167 | 429,899 | 303,202
Fair value changes in equity securities | 327 | (66) | (147)
Loss on sale of marketable securities | (50,017) | 0 | 0
Interest and other income | 14,411 | 6,008 | 9,952
Interest and other expense | (29,022) | (9,749) | (30,867)
Income before income taxes | $ 573,866 | $ 426,092 | $ 282,140

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