v3.26.1
Fair Value Measurement (Tables)
3 Months Ended
Mar. 31, 2026
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis

The Company’s financial assets and liabilities measured at fair value on a recurring basis were as follows (in thousands):

 

 

 

As of March 31, 2026

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

2,828,943

 

 

$

-

 

 

$

-

 

Total assets measured at fair value

 

$

2,828,943

 

 

$

-

 

 

$

-

 

 

 

 

As of December 31, 2025

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

Cash equivalents

 

$

2,016,705

 

 

$

-

 

 

$

-

 

Total assets measured at fair value

 

$

2,016,705

 

 

$

-

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

Private placement warrant liability

 

 

-

 

 

 

-

 

 

 

7,471

 

Total liabilities measured at fair value

 

$

-

 

 

$

-

 

 

$

7,471