v3.26.1
Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2026
Investments, All Other Investments [Abstract]  
Schedule of Investments
The following table presents our financial instruments:
March 31, 2026December 31, 2025
Cash and cash equivalents$316,010 $1,015,400 
Available-for-sale investments81,799 142,498 
Equity investment
10,000 10,000 
Total$407,809 $1,167,898 
Schedule of Available-for-sale Activity
The following table presents the components of our available-for-sale investments:
March 31, 2026December 31, 2025
Amortized cost$82,172 $142,515 
Unrealized gains3 127 
Unrealized losses(376)(144)
Estimated fair value$81,799 $142,498 
The following table presents the activity on our available-for-sale investments:
Three Months Ended March 31,
20262025
Proceeds from sales and maturities$61,858 $1,756 
Realized gains (losses) on sales, net of tax3 (1)