v3.26.1
EQUITY SECURITIES (Tables)
6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Equity Securities
Equity securities consist of the following (in thousands):
June 30,
2026
December 31,
2025
Equity securities accounted for under the equity method under ASC 323$38,853 $39,738 
Equity securities accounted for under the fair value option17,075 26,903 
Total equity securities$55,928 $66,641 
Schedule of Equity Securities Ownership Interest
The following table includes the Company's equity securities and related ownership interest as of June 30, 2026:
Ownership
interest
Medici Ventures, L.P.99%
tZERO Group, Inc.22%
Zulily Newco25%
Schedule of Equity Method Investments
The following table summarizes the net loss recognized on equity method securities recorded in Other income (expense), net in the consolidated statements of operations (in thousands):
Three months ended
June 30,
Six months ended
June 30,
2026202520262025
Net loss recognized on our proportionate share of the net assets of our equity method securities$— $(4,789)$(884)$(8,994)
Decrease in fair value of equity method securities held under fair value option— (1,787)(1,521)(14,655)