v3.26.3
Restricted Cash and Investments (Tables)
 9 Months Ended
Sep. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Restrictions on Cash and Cash Equivalents The Company classifies restricted cash as current or non-current based on the term of the restriction. Restricted cash as of September 30, 2026 and December 31, 2025 was as follows:
As of
September 30,December 31,
20262025
$$
Short-term restricted cash63,400 41,284 
Long-term restricted cash21,786 20,833 
Total85,186 62,117 
Schedule of Equity Method Investments
The following table summarizes the Company’s investments in equity securities:
As of
September 30,December 31,
20262025
$$
Equity securities with readily determinable fair values20 2 
Equity securities without readily determinable fair values 1
36,774 33,154 
Equity-method investments 2
22,657 22,387 
Total59,451 55,543 
1 In the three and nine months ended September 30, 2025, the Company recognized an impairment loss of $15,552 within other income (expense), net, resulting from a decline in the enterprise value related to a business acquisition of one of its investees.
2 In the first quarter of 2025, in connection with the wind-down of the operations and related financial obligations of one of the Company’s equity-method investments, the investment’s fair value was assessed to be zero. The Company recognized an other-than-temporary impairment loss of $12,376 during the nine months ended September 30, 2025, within unrealized losses from equity-method investments.
The following table summarizes net gains and losses related to investments in equity securities recorded in other income (expense), net for the three and nine months ended September 30, 2026 and 2025:
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
$$$$
Equity securities with readily determinable fair values
20 116 18 (1,947)
Equity securities without readily determinable fair values— (13,754)3,188 (16,872)
Equity-method investments
(679)(576)(1,886)(15,850)
Schedule Of Unrealized Losses That Relates To Equity Securities
The following table summarizes the portion of unrealized losses that relates to equity securities still held by the Company as of September 30, 2026:
Three Months EndedNine Months Ended
September 30,September 30,
2026202520262025
Net gains (losses) recognized on equity securities
— (13,754)3,188 (16,872)
Less: net gains (losses) recognized on equity securities sold— (15,552)3,134 (15,552)
Net unrealized gains (losses) on equity securities held at end of period
— 1,798 54 (1,320)