v3.26.1
Cash, Cash Equivalents, and Restricted Cash
3 Months Ended
Mar. 31, 2026
Cash and Cash Equivalents [Abstract]  
Cash, Cash Equivalents, and Restricted Cash

Note 4 -- Cash and Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Company’s consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows:

 

 

 

March 31,

 

 

December 31,

 

 

 

2026

 

 

2025

 

Cash and cash equivalents

 

$

1,014,049

 

 

$

1,210,126

 

Restricted cash

 

 

3,757

 

 

 

3,748

 

Cash and cash equivalents and restricted cash

 

$

1,017,806

 

 

$

1,213,874

 

 

The majority of the Company’s cash and cash equivalents are held at major financial institutions. Certain account balances exceed the Federal Deposit Insurance Corporation insurance limits of $250 per account. As a result, there is a concentration of credit risk related to amounts in excess of the insurance limits. The Company regularly monitors the financial stability of these financial institutions and believes that there is no exposure to any significant credit risk in cash and cash equivalents.