5. Consolidated Entity

ISP Fund LP

As of June 30, 2026, we continued to hold approximately 100% of the economic interest of the ISP Fund LP (“Partnership”). As of June 30, 2026 and December 31, 2025, total assets of the Partnership were $34.5 million and $79.7 million, respectively, with the majority attributable to either current portion of ISP Fund investment or to equity and long-term investments. As of June 30, 2026 and December 31, 2025, total liabilities were $0.1 million. During the six months ended June 30, 2026, $47.5 million in cash was distributed to us by the Partnership. The remaining equity investments managed by the Partnership are expected to be distributed in 2026.

During the three and six months ended June 30, 2026, we recorded $0.1 million and $0.5 million, respectively, in investment-related expense incurred by the Partnership, generated $0.1 million and $0.2 million, respectively, in interest income and recorded $3.1 million and $2.7 million, respectively, in net realized and unrealized gains as changes in fair values of equity and long-term investments, net, in the unaudited condensed consolidated statements of income and comprehensive income. During the six months ended June 30, 2026, we recorded $14.9 million in net realized losses and $17.6 million in net unrealized gains as changes in fair values of equity and long-term investments, net, in the unaudited condensed consolidated statements of income and comprehensive income. During the three and six months ended June 30, 2025, we recorded $0.7 million and $1.5 million, respectively, in investment-related expense incurred by the Partnership, generated $1.2 million and $2.4 million, respectively, in interest income, and recorded $0.4 million in net realized and unrealized gains and $80.9 million in net realized and unrealized losses, respectively, as changes in fair values of equity and long-term investments, net, in the unaudited condensed consolidated statements of income and comprehensive income.