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Fair Value (Tables) | 6 Months Ended
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Jun. 30, 2026
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Measurements of Liabilities Measured at Fair Value on Recurring Basis | The following tables summarize the fair value measurements of assets and liabilities that are measured at fair value on a recurring basis.
|  | Fair Value Measurement as of June 30, 2026
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total Fair Value
Assets |  |  |  |  |  |  |  |
Money market mutual funds |  | $ | 109 |  |  | $ | — |  |  | $ | — |  |  | $ | 109 |
Debt securities: |  |  |  |  |  |  |  |
U.S. Treasuries |  | — |  |  | 3,949 |  |  | — |  |  | 3,949 |
Obligations of states, municipalities and political subdivisions |  | — |  |  | 2,263 |  |  | — |  |  | 2,263 |
Corporate bonds |  | — |  |  | 37,544 |  |  | — |  |  | 37,544 |
Residential and commercial mortgage-backed securities |  | — |  |  | 21,366 |  |  | — |  |  | 21,366 |
Other loan-backed and structured securities |  | — |  |  | — |  |  | — |  |  | — |
Assets of Reciprocal (a consolidated variable interest entity): |  |  |  |  |  |  |  |
Money market mutual funds |  | 43,895 |  |  | — |  |  | — |  |  | 43,895 |
Debt securities: |  |  |  |  |  |  |  |
U.S. Treasuries |  | — |  |  | 7,157 |  |  | — |  |  | 7,157 |
Obligations of states, municipalities and political subdivisions |  | — |  |  | 28,795 |  |  | — |  |  | 28,795 |
Corporate bonds |  | — |  |  | 66,244 |  |  | — |  |  | 66,244 |
Residential and commercial mortgage-backed securities |  | — |  |  | 75,985 |  |  | — |  |  | 75,985 |
Other loan-backed and structured securities |  | — |  |  | 18,907 |  |  | — |  |  | 18,907 |
|  | $ | 44,004 |  |  | $ | 262,210 |  |  | $ | — |  |  | $ | 306,214 |
Liabilities |  |  |  |  |  |  |  |
Contingent consideration - business combinations | (1) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Embedded derivatives | (2) |  | — |  |  | — |  |  | — |  |  | — |
|  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
______________________________________ (1)We have contingent consideration arrangements related to business combinations. The fair value of the related contingent consideration liability was zero as of June 30, 2026. (2)We have embedded derivatives features associated with our convertible senior secured notes due in 2028. The fair value of the related derivative liability was zero as of June 30, 2026.
|  | Fair Value Measurement as of December 31, 2025
|  | Level 1 |  | Level 2 |  | Level 3 |  | Total Fair Value
Assets |  |  |  |  |  |  |  |
Money market mutual funds |  | $ | 7 |  |  | $ | — |  |  | $ | — |  |  | $ | 7 |
Debt securities: |  |  |  |  |  |  |  |
U.S. Treasuries |  | 13,370 |  |  | — |  |  | — |  |  | 13,370 |
Obligations of states, municipalities and political subdivisions |  | — |  |  | 2,070 |  |  | — |  |  | 2,070 |
Corporate bonds |  | — |  |  | 31,279 |  |  | — |  |  | 31,279 |
Residential and commercial mortgage-backed securities |  | — |  |  | 21,309 |  |  | — |  |  | 21,309 |
Other loan-backed and structured securities |  | — |  |  | — |  |  | — |  |  | — |
Assets of Reciprocal (a consolidated variable interest entity): |  |  |  |  |  |  |  |
Money market mutual funds |  | 25,047 |  |  | — |  |  | — |  |  | 25,047 |
Debt securities: |  |  |  |  |  |  |  | — |
U.S. Treasuries |  | 9,633 |  |  | — |  |  | — |  |  | 9,633 |
Obligations of states, municipalities and political subdivisions |  | — |  |  | 12,394 |  |  | — |  |  | 12,394 |
Corporate bonds |  | — |  |  | 63,109 |  |  | — |  |  | 63,109 |
Residential and commercial mortgage-backed securities |  | — |  |  | 77,968 |  |  | — |  |  | 77,968 |
Other loan-backed and structured securities |  | — |  |  | 17,538 |  |  | — |  |  | 17,538 |
|  | $ | 48,057 |  |  | $ | 225,667 |  |  | $ | — |  |  | $ | 273,724 |
Liabilities |  |  |  |  |  |  |  |
Contingent consideration - business combinations | (1) |  | $ | — |  |  | $ | — |  |  | $ | 39 |  |  | $ | 39 |
Embedded derivatives | (2) |  | — |  |  | — |  |  | 2,627 |  |  | 2,627 |
|  | $ | — |  |  | $ | — |  |  | $ | 2,666 |  |  | $ | 2,666 |
______________________________________ (1)The liability for contingent considerations related to business combinations is included in accrued expenses and other current liabilities in the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. See Contingent Consideration – Business Combinations below for additional information. (2)The embedded derivatives liability is included in other liabilities in the unaudited Condensed Consolidated Balance Sheets as of December 31, 2025. See Embedded Derivatives below for additional information.
Schedule of Level 3 Items Measured at Fair Value on a Recurring Basis | The changes for Level 3 items measured at fair value on a recurring basis using significant unobservable inputs are as follows:
|  | Contingent Consideration - Business Combinations |  | Embedded Derivatives |  |
Fair value as of December 31, 2025 |  | $ | 39 |  |  | $ | 2,627 |  |  |
Change in fair value, loss (gain) included in net loss | (1) |  | (39) |  |  | (2,627) |  |  |
Fair value as of June 30, 2026 |  | $ | — |  |  | $ | — |  |  |
|  | Contingent Consideration - Business Combinations |  | Embedded Derivatives |  | Private Warrant Liability
Fair value as of December 31, 2024 |  | $ | 83 |  |  | $ | 22,262 |  |  | $ | 460 |
Change in fair value, loss (gain) included in net income | (1) |  | (28) |  |  | (19,526) |  |  | 3,610 |
Fair value as of June 30, 2025 |  | $ | 55 |  |  | $ | 2,736 |  |  | $ | 4,070 |
______________________________________ (1)Changes in fair value of contingent consideration related to business combinations are included in general and administrative expenses in the unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) operations. Changes in fair value of the private warrant liability and embedded derivatives are disclosed separately in the unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).
Schedule of Fair Value of Convertible Senior Notes | The following table summarizes the fair value of convertible senior notes (see Note 9, Debt, for more information):
| June 30, 2026 |  | December 31, 2025
Convertible senior unsecured notes, due 2026 | $ | 7.6 |  |  | $ | 7.6 |
Convertible senior secured notes, due 2028 | $ | 350.8 |  |  | $ | 332.7 |
Convertible senior unsecured notes, due 2030 | $ | 193.3 |  |  | $ | 151.8 |

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- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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