Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2025

Fair Value Measurements

Summary of financial assets and liabilities measured on recurring basis

	December 31, 2025								December 31, 2024
	Level I		Level II		Level III		Total		Level I		Level II		Level III		Total
	(in thousands)
Financial Assets:
Cash, cash equivalents and restricted cash (1)	$	1,076,140	$	—	$	—	$	1,076,140	$	945,587	$	—	$	—	$	945,587
Municipal securities		—		—		—		—		—		22,689		—		22,689
Warrants		—		—		12,659		12,659		—		—		11,200		11,200
Total financial assets	$	1,076,140	$	—	$	12,659	$	1,088,799	$	945,587	$	22,689	$	11,200	$	979,476
Financial Liabilities:
Contingent consideration (2)	$		$	—	$	118,360	$	118,360	$	—	$	—	$	—	$	—
Total financial liabilities	$	—	$	—	$	118,360	$	118,360	$	—	$	—	$	—	$	—