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Note 10 - Cash, Cash Equivalents, Investments and Restricted Cash - Restricted Cash (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Cash and cash equivalents $ 700,347 $ 527,843    
Restricted cash [1],[2] 0 33,204    
Restricted cash included in other long-term assets [3] 134 134    
Total cash, cash equivalents and restricted cash reported on the Condensed Consolidated Statements of Cash Flows $ 700,481 $ 561,181 $ 421,300 $ 288,729
[1] The restricted cash included in other current assets as of December 31, 2023 was related to preliminary purchase consideration held in a trust account in connection with the Company’s acquisition of Axign and was paid in January 2024.
[2] The restricted cash included in other current assets as of December 31, 2023 was related to preliminary purchase consideration held in a trust account in connection with the Company’s acquisition of Axign and was paid in January 2024. See Note 4 for further details.
[3] The restricted cash included in other long-term assets as of September 30, 2024 and December 31, 2023 was related to a security deposit that is set aside in a bank account and cannot be withdrawn by the Company under the terms of a lease agreement. The restriction will end upon the expiration of the lease.