v3.26.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Assets Measured at Fair Value on Recurring Basis

The Company’s financial assets that are measured at fair value on a recurring basis by level within the fair value hierarchy are as follows:

 

 

As of December 31, 2025

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

8,403

 

 

$

 

 

$

 

 

$

8,403

 

Bank deposits

 

 

339,851

 

 

 

 

 

 

 

 

 

339,851

 

Marketable equity securities

 

 

84,154

 

 

 

 

 

 

 

 

 

84,154

 

Total assets measured at fair value

 

$

432,408

 

 

$

 

 

$

 

 

$

432,408

 

 

 

 

As of December 31, 2024

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current assets:

 

 

 

 

 

 

 

 

 

 

 

 

Money market funds

 

$

99,713

 

 

$

 

 

$

 

 

$

99,713

 

Bank deposits

 

 

642,880

 

 

 

 

 

 

 

 

 

642,880

 

Long-term assets:

 

 

 

 

 

 

 

 

 

 

 

 

Marketable equity securities

 

 

86,190

 

 

 

 

 

 

 

 

 

86,190

 

Total assets measured at fair value

 

$

828,783

 

 

$

 

 

$

 

 

$

828,783

 

Schedule Of Property Plant and Equipment Estimated Useful Lives of the Respective Assets

The Company generally depreciates the cost of its property, plant and equipment using the straight-line method over the estimated useful lives of the respective assets as follows:

 

 

 

Estimated Useful Life

Machinery, equipment and vehicles

 

4 to 14 years

Computer hardware and software

 

3 to 10 years

Furniture and fixtures

 

3 to 14 years

Buildings

 

29 years

Leasehold improvements

 

shorter of the estimated useful life of the asset or the remaining lease term

Schedule Of Company's Warranty Reserve

The following table presents changes in the balance of the Company’s warranty reserve:

 

 

December 31,

 

 

2025

 

 

2024

 

Beginning balance

 

$

304

 

 

$

304

 

Liability assumed from acquisition of Markforged

 

 

670

 

 

 

 

Additions to warranty reserve

 

 

2,052

 

 

 

304

 

Claims fulfilled

 

 

(1,717

)

 

 

(304

)

Ending balance

 

$

1,309

 

 

$

304