v3.26.1
Investments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments [Abstract]  
Schedule of Investments

The following table sets forth the Company’s investments:

    March 31, 2026   December 31, 2025
   

Carrying
Value

   Cost  

Carrying
Value

   Cost
Fnality International Limited—Series B-1 Preference Shares   $ 7,953     $ 8,091     $ 8,116     $ 8,091  
Fnality International Limited—Series C-1 Preference Shares     14,170       14,227       14,459       14,227  
Quorus Inc.—Series Seed-1 Preferred Stock     4,000       4,000       4,000       4,000  
Other investments     2,500       2,500       2,500       2,500  
Total   $ 28,623     $ 28,818     $ 29,075     $ 28,818  
Schedule of Inputs Used in the Backsolve Valuation Approach The table below presents the inputs used in the backsolve valuation approach (classified as Level 3 in the fair value hierarchy):
    Inputs
   

September 10,

2025
Expected volatility     55%  
Time to exit (in years)     5.00  
Probability of regulatory approval or qualified financing before time to exit     100%