Note 5. Cash, Cash Equivalents, and Marketable Securities (Tables)

12 Months Ended

Dec. 31, 2025

Cash, Cash Equivalents, and Short-Term Investments [Abstract]

Schedule of Cash, Cash Equivalents, and Marketable Securities

Cash, cash equivalents, and marketable securities consisted of the following at December 31, 2025 and 2024 (in thousands):

	2025		2024
Cash and cash equivalents:
Cash	$	2,606,319	$	1,094,796
Money market funds	197,195		526,580
Total cash and cash equivalents	2,803,514		1,621,376
Marketable securities:
Time deposits	42,562		162,836
U.S. debt	9,287		8,747
Total marketable securities	51,849		171,583
Total cash, cash equivalents, and marketable securities	$	2,855,363	$	1,792,959

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, restricted cash, and restricted cash equivalents reported within our consolidated balance sheets as of December 31, 2025 and 2024 to the total of such amounts as presented in the consolidated statements of cash flows (in thousands):

	Balance Sheet Line Item	2025		2024
Cash and cash equivalents	Cash and cash equivalents	$	2,803,514	$	1,621,376
Restricted cash – current	Other current assets	—		8,262
Restricted cash – noncurrent	Other assets	3,617		3,613
Restricted cash equivalents – noncurrent	Other assets	6,900		4,972
Total cash, cash equivalents, restricted cash, and restricted cash equivalents		$	2,814,031	$	1,638,223

Available-for-sale Marketable Securities

The following tables summarize the unrealized gains and losses related to our available-for-sale marketable securities, by major security type, as of December 31, 2025 and 2024 (in thousands):

	As of December 31, 2025
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Time deposits	$	42,562	$	—	$	—	$	42,562
U.S. debt	10,000		—		713		9,287
Total	$	52,562	$	—	$	713	$	51,849

	As of December 31, 2024
	Amortized Cost		Unrealized Gains		Unrealized Losses		Fair Value
Time deposits	$	162,836	$	—	$	—	$	162,836
U.S. debt	10,000		—		1,253		8,747
Total	$	172,836	$	—	$	1,253	$	171,583

Available-for-sale Marketable Securities by Maturity

The contractual maturities of our marketable securities as of December 31, 2025 were as follows (in thousands):

	Fair Value
Within one year	$	47,529
After one year through five years	—
After five years through ten years	4,320
Total	$	51,849