OTHER (LOSS) INCOME, NET (Tables)

3 Months Ended

Mar. 31, 2025

Other Income and Expenses [Abstract]

Summary of Other Loss

The following table summarizes other (loss) income, net for each of the periods indicated:

		For the Three Months Ended March 31,
		2025			2024
	(in thousands)
Interest income		$	10,190		$	7,093
Accretion of investment discount, net			2,238			12,804
(Loss) gain on strategic investments			(90,728	)		931
Interest expense			(4,503	)		(4,166	)
Change in fair value of derivatives*			—			(10,100	)
Other, net			(329	)		(19	)
Total other (loss) income, net		$	(83,132	)	$	6,543

* Related to the change in fair value of the contingent consideration derivative liabilities. For more information, please read Note 4, Fair Value Measurements.