v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Derivatives at Fair Value
The following table presents changes in fair value of the derivative instrument:

Three Months Ended March 31,
(in thousands)20262025
Derivative instrument, beginning of period
$49,319 $8,947 
Change in fair value of derivative instrument(41,045)26,828 
Derivative instrument, end of period
$8,274 $35,775 
Schedule of Changes in Redeemable Noncontrolling Interest
The following table presents changes in redeemable noncontrolling interest as of March 31, 2026:

(in thousands)
Balance at December 31, 2025
$— 
Issuance of noncontrolling interest in subsidiary
89,116 
Net loss attributable to redeemable noncontrolling interest
(1,899)
Effect of foreign currency translation attributable to redeemable noncontrolling interest
(2,199)
Balance at March 31, 2026
$85,018