v3.26.1
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Investments, All Other Investments [Abstract]  
Schedule of Investments
The following table presents our financial instruments:
June 30, 2026December 31, 2025
Cash and cash equivalents$895,353 $1,015,400 
Available-for-sale investments119,914 142,498 
Equity investment
— 10,000 
Total$1,015,267 $1,167,898 
Schedule of Available-for-sale Activity
The following table presents the components of our available-for-sale investments:
June 30, 2026December 31, 2025
Amortized cost$120,448 $142,515 
Unrealized gains— 127 
Unrealized losses(534)(144)
Estimated fair value$119,914 $142,498 
The following table presents the activity on our available-for-sale investments:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Proceeds from sales and maturities$11,902 $32,528 $73,760 $34,284 
Realized gains on sales, net of tax— —