
	As of
	June 30, 2026		December 31, 2025
Cash and cash equivalents	$	550,974	$	507,776
Restricted cash	1,045		13,488
Total cash, cash equivalents and restricted cash	$	552,019	$	521,264

The Company’s cash equivalents consist of money market accounts, time deposits and U.S. treasury bills of $537,696 and $99,433 as of June 30, 2026 and December 31, 2025, respectively. Cash, cash equivalents, and restricted cash are measured at fair value within Level I of the fair value hierarchy on a recurring basis using observable inputs that reflect quoted prices for identical assets in active markets. The Company’s restricted cash includes cash deposited in escrow accounts. The Company has deposited cash in interest-bearing escrow accounts related to collateral for its operating leases, and general liability insurance obligations.

Prepaid expenses and other current assets consisted of the following:


	As of
	June 30, 2026		December 31, 2025
Prepaid expenses	$	24,696	$	38,543
Other receivables	8,820		10,839
Inventory	17,628		14,453
Deferred costs, current	7,771		17,627
Other	7,991		11,362
Total prepaid expenses and other current assets	$	66,906	$	92,824


	As of
	June 30, 2026		December 31, 2025
Accrued payroll and employee related liabilities	$	42,198	$	63,542
Cash due to promoters	151,836		163,499
Capital expenditure accruals	116,026		130,061
Accrued legal fees	28,082		19,361
Other accrued expenses	53,365		55,014
Total Accrued expenses and other current liabilities	$	391,507	$	431,477

During the six months ended June 30, 2026 and 2025, the Company made income tax payments, net of refunds, of $15,465 and $1,939, respectively.