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SEGMENTS AND GEOGRAPHICAL INFORMATION
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENTS AND GEOGRAPHICAL INFORMATION SEGMENTS AND GEOGRAPHICAL INFORMATION
Segment Information

The Company manages, monitors, and reports its financial performance as a single operating segment. The Company's chief operating decision-maker (CODM), who is the Chief Executive Officer, assesses performance, makes operating decisions, and allocates resources based on consolidated financial information. In accordance with Accounting Standards Update 2023-09, which requires public entities to disclose significant segment expense categories and amounts for each reportable segment, the following disclosures are provided for the Company's single reportable segment:

Year Ended December 31,
202520242023
(in thousands)
Personnel related costs
$150,319 $175,631 $189,965 
Non-personnel related costs138,045 192,125 137,542 
Total (1)$288,364 $367,756 $327,507 
(1) Total of personnel and non-personnel related costs represent the total of technology, data and product development, sales and marking, and general and administrative expenses in the consolidated statements of operations.

Personnel related costs include salaries, wages, bonuses, employee benefits, payroll taxes, and other related expenses associated with our workforce. Non-personnel related costs encompass expenses such as rent, utilities, depreciation and amortization, marketing and advertising, professional services, and other operational costs not directly linked to personnel.

The Company does not have additional reportable segments, and therefore, all financial information is presented on a consolidated basis. The Company's assets are not allocated to segments for internal reporting purposes but are managed on a consolidated basis. However, for the purposes of geographical disclosure, long-lived assets are allocated based on where they are located.
Geographical Information

A. Revenue from Fees

The following table sets forth revenue from fees generated by geographic area (in thousands):  

December 31,
202520242023
United States$1,261,341$1,004,550$772,814
Israel———
Cayman———
Total revenue from fees$1,261,341$1,004,550$772,814

B. Long-Term Assets

The Company’s long-term assets, excluding intangible assets, are primarily based in the United States with 95% and 92% of total as of December 31, 2025 and 2024, respectively. The following tables provide long-term assets, including long-lived assets of right-of-use and property and equipment, net, yet excluding intangible assets, by geographic area (in thousands):

December 31, 2025
United StatesIsrael
Right-of-use assets
$5,415 $25,163 
Property and equipment, net
4,717 25,504 
Other long-term assets, excluding intangible assets
1,028,371 7,303 
Total long-term assets, excluding intangible assets$1,038,503 $57,970 
% of total
95 %5 %

December 31, 2024
United StatesIsrael
Right-of-use assets
$8,389 $28,487 
Property and equipment, net
4,957 33,017 
Other long-term assets, excluding intangible assets
819,415 9,445 
Total long-term assets, excluding intangible assets$832,761 $70,949 
% of total
92 %8 %