v3.26.1
OTHER (EXPENSE), INCOME NET
 6 Months Ended
Jun. 30, 2026
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET

11. OTHER (EXPENSE) INCOME, NET

The following table summarizes other (expense), income net for each of the periods indicated:

 

 

 

For the Three Months Ended
June 30,

 

 

For the Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(in thousands)

 

Interest income

 

$

6,207

 

 

$

5,254

 

 

$

12,567

 

 

$

15,444

 

Accretion of investment discount, net

 

 

955

 

 

 

1,887

 

 

 

1,597

 

 

 

4,125

 

Interest expense

 

 

(21,508

)

 

 

(5,228

)

 

 

(43,221

)

 

 

(9,731

)

(Loss) gain on strategic investments

 

 

(448

)

 

 

36,721

 

 

 

(2,160

)

 

 

(54,007

)

Other, net

 

 

(246

)

 

 

(573

)

 

 

918

 

 

 

(902

)

Total other (expense) income, net

 

$

(15,040

)

 

$

38,061

 

 

$

(30,299

)

 

$

(45,071

)