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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 27,558 $ 33,247
Adjustments to reconcile net loss to net cash used in operating activities:    
Loss on extinguishment of debt 9,153 0
Stock-based compensation 47,825 31,333
Depreciation and amortization 85 21
Amortization of premium (discount) on investment securities (621) (2,619)
Amortization of debt issuance costs 532 608
Amortization of leasehold interest 91 94
Deferred income taxes 4,572 0
Noncash change in lease liability and right of use asset 1,014 885
Change in fair value of equity investments (2,761) 285
Change in fair value of notes payable 612 149
Changes in assets and liabilities:    
Increase in inventory (80,099) (42,710)
Decrease (increase) in other current assets 24,234 (9,887)
Increase in accounts receivable (95,937) (102,331)
Decrease in income taxes payable (12,851) (2,269)
Increase in accounts payable and accrued expenses 99,363 73,419
Decrease in lease liabilities (832) (1,061)
Decrease in other current liabilities (1,879) (2,370)
Increase in deferred revenue 1,310 1,927
Net cash provided by (used in) operating activities 21,369 (21,279)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturity of held-to-maturity securities 29,000 129,750
Investment in held-to-maturity securities (37,490) (145,359)
Purchases of equity investments 0 (1,250)
Purchases of property, plant and equipment (344) (67)
Net cash used in investing activities (8,834) (16,926)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of loan payable (255,000) 0
Proceeds from exercise of options 848 453
Proceeds from debt financings, net of debt discount costs 747,656 0
Financing costs paid (2,598) 0
Purchase of treasury stock (99,992) (12,998)
Net cash provided by (used in) financing activities 390,914 (12,545)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 403,449 (50,750)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 80,490 181,192
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 483,939 130,442
Reconciliation to amounts on condensed consolidated balance sheets:    
Cash and cash equivalents 482,575 129,126
Restricted Cash 1,364 1,316
Total cash, cash equivalents and restricted cash 483,939 130,442
Cash paid for:    
Interest 20,663 12,240
Income taxes 11,318 5,077
NONCASH TRANSACTIONS    
Reduction of lease liability and right-of-use asset due to lease modification $ 1,126 $ 0