The following table summarizes the changes in accumulated other comprehensive income (loss), which is reported as a component of stockholders’ equity, for the years ended December 31, 2025 and 2024:


	Cumulative Translation Adjustment			Unrealized Gain (Loss) on Investments		Unrealized Gain (Loss) on Derivate Instruments			Total
	(in thousands)
Ending balance at December 31, 2023	$	950		$	877	$	—		$	1,827
Other comprehensive (loss) income before reclassifications		(6,878	)		318		(1,622	)		(8,182	)
Amounts reclassified from accumulated other comprehensive income, net of tax, to revenue		—			—		701			701
Ending balance at December 31, 2024	$	(5,928	)	$	1,195	$	(921	)	$	(5,654	)
Other comprehensive (loss) income before reclassifications		9,354			94		1,472			10,920
Amounts reclassified from accumulated other comprehensive income, net of tax, to revenue		—			—		(22	)		(22	)
Ending balance at December 31, 2025	$	3,426		$	1,289	$	529		$	5,244