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CASH, CASH EQUIVALENTS AND INVESTMENTS (Tables) | 6 Months Ended
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Jun. 30, 2026
Cash and Cash Equivalents [Abstract] |
Schedule of Cash, Cash Equivalents | The following table provides details regarding the Company’s portfolio of cash and cash equivalents (in thousands):
|  | Cost or |  |  | Unrealized |  |  | Aggregate |
Cash and Cash Equivalents Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Fair Value |
June 30, 2026 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 76,429 |  |  | $ | — |  |  | $ | — |  |  | $ | 76,429 |
US Government bonds |  |  | 42,996 |  |  |  | — |  |  |  | — |  |  |  | 42,996 |
Money market accounts |  |  | 1,138 |  |  |  | — |  |  |  | — |  |  |  | 1,138 |
|  | $ | 120,563 |  |  | $ | — |  |  | $ | — |  |  | $ | 120,563 |
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
Cash accounts in banking institutions |  | $ | 110,892 |  |  | $ | — |  |  | $ | — |  |  | $ | 110,892 |
US Government bonds |  |  | 26,479 |  |  |  | — |  |  |  | — |  |  |  | 26,479 |
Money market accounts |  |  | 982 |  |  |  | — |  |  |  | — |  |  |  | 982 |
|  | $ | 138,353 |  |  | $ | — |  |  | $ | — |  |  | $ | 138,353 |
Schedule of Investments | The following table provides details regarding the Company’s portfolio of short-term investments (in thousands):
|  | Cost or |  |  | Unrealized |  |  | Aggregate |
Short-term Investments Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Fair Value |
June 30, 2026 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 344,977 |  |  | $ | 310 |  |  | $ | (268 | ) |  | $ | 345,019 |
Marketable equity securities (1) |  |  | 8,918 |  |  |  | 273 |  |  |  | (3,461 | ) |  |  | 5,730 |
|  | $ | 353,895 |  |  | $ | 583 |  |  | $ | (3,729 | ) |  | $ | 350,749 |
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 453,812 |  |  | $ | 1,592 |  |  | $ | (6 | ) |  | $ | 455,398 |
Marketable equity securities (1) |  |  | 4,677 |  |  |  | 3,943 |  |  |  | (14 | ) |  |  | 8,606 |
|  | $ | 458,489 |  |  | $ | 5,535 |  |  | $ | (20 | ) |  | $ | 464,004 |
(1) Changes in aggregate fair value recorded in other (loss) income, net on the Consolidated Statements of Income. Long-term U.S. Government Bond Investments The following table provides details regarding the Company’s portfolio of long-term investments (in thousands):
|  | Cost or |  |  | Unrealized |  |  | Aggregate |
Long-term Investments Classification |  | Amortized Cost |  |  | Gains |  |  | (Losses) |  |  | Fair Value |
June 30, 2026 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 385,802 |  |  | $ | 49 |  |  | $ | (2,622 | ) |  | $ | 383,229 |
|  | $ | 385,802 |  |  | $ | 49 |  |  | $ | (2,622 | ) |  | $ | 383,229 |
December 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government bonds |  | $ | 351,125 |  |  | $ | 1,873 |  |  | $ | (11 | ) |  | $ | 352,987 |
|  | $ | 351,125 |  |  | $ | 1,873 |  |  | $ | (11 | ) |  | $ | 352,987 |
As of June 30, 2026, 100% of the Company's long-term U.S. Government bonds had maturities between one and three years.

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