v3.25.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following tables present the Company’s financial assets and liabilities measured and recorded at fair value on a recurring basis using the above input categories as of June 30, 2025 and December 31, 2024:
 Quoted Price in Active Market for Identical AssetsSignificant Other Observable InputsSignificant Unobservable Inputs
As of June 30, 2025(Level 1)(Level 2)(Level 3)
 $$$
Cash equivalents   
Money market funds863,314 — — 
Other non-current assets (Note 4):
Equity securities with readily determinable fair values218 — — 
Convertible debt instrument— — 8,792 
Total863,532 — 8,792 
 
 Quoted Price in Active Market for Identical AssetsSignificant Other Observable InputsSignificant Unobservable Inputs
As of December 31, 2024(Level 1)(Level 2)(Level 3)
 $$$
Cash equivalents   
Money market funds950,704 — — 
Prepaid expenses and other current assets:
Convertible debt instrument— — 618 
Other non-current assets (Note 4):
Equity securities with readily determinable fair values2,113 168 — 
Convertible debt instrument— — 4,616 
Total952,817 168 5,234