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Foreign Currency Loss, Net
6 Months Ended
Jun. 30, 2026
Foreign Currency [Abstract]  
Foreign Currency Loss, Net . Foreign Currency Loss, Net

Net foreign currency gain or loss includes non-cash translation gain or loss associated with intercompany balances. A substantial portion of the Company’s net foreign currency gain or loss is non-cash translation gain or loss associated with intercompany long-term loans to MSK, the Company’s Korean subsidiary. The loans are denominated in U.S. dollars and are affected by changes in the exchange rate between the Korean won and the U.S. dollar. As of June 30, 2026 and December 31, 2025, the outstanding intercompany loan balances including accrued interest between MSK and the Dutch subsidiary were $76,948 thousand and $75,063 thousand, respectively. The Korean won to U.S. dollar exchange rates were 1,541.5:1 and 1,434.9:1 using the first base rate as of June 30, 2026 and December 31, 2025, respectively, as quoted by the KEB Hana Bank.