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Equity Method Investments (Tables) | 12 Months Ended
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Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments | The following tables present summarized financial information of TailFin's statements of operations and balance sheets.
| December 31,
| 2025 |  | 2024 |  | 2023
| (In thousands)
Interest income | $ | 2,945 |  |  | $ | 6,316 |  |  | $ | 4,398 |
Sales and marketing expenses | (9,219) |  |  | (9,898) |  |  | (9,916) |
Compensation and professional services | (10,242) |  |  | (12,522) |  |  | (2,434) |
Other | (100) |  |  | — |  |  | — |
Net loss | (16,616) |  |  | (16,104) |  |  | (7,952) |
Investor HLBV basis adjustment (1) | (70,000) |  |  | — |  |  | — |
Equity in losses attributable to TailFin | $ | (86,616) |  |  | $ | (16,104) |  |  | $ | (7,952) |
(1) | The incentive payment of $70 million has been recorded as a deferred asset on TailFin’s balance sheet and will be amortized over the revised term of the Agreements through 2033. Under the HLBV method and based on the terms of the agreement, we expensed the amount upon payment.
| December 31,
| 2025 |  | 2024
| (In thousands)
Cash and cash equivalents | $ | 41,771 |  |  | $ | 126,757 |
Other assets | $ | 66,259 |  |  | $ | 1,015 |
Total liabilities | $ | 2,296 |  |  | $ | 151 |
Net equity | $ | 105,734 |  |  | $ | 127,621 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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