| Summary of Other Income (Loss) |
The following table summarizes other income (loss), net for each of the periods indicated:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the Three Months Ended
June 30, |
|
|
For the Six Months Ended
June 30, |
|
|
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
|
(in thousands) |
|
Interest income |
|
$ |
5,254 |
|
|
$ |
8,076 |
|
|
$ |
15,444 |
|
|
$ |
15,169 |
|
Accretion of investment discount, net |
|
|
1,887 |
|
|
|
10,766 |
|
|
|
4,125 |
|
|
|
23,570 |
|
Gain (loss) on strategic investments |
|
|
36,721 |
|
|
|
148 |
|
|
|
(54,007 |
) |
|
|
1,079 |
|
Interest expense |
|
|
(5,228 |
) |
|
|
(4,832 |
) |
|
|
(9,731 |
) |
|
|
(8,998 |
) |
Change in fair value of derivatives* |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
(10,100 |
) |
Other, net |
|
|
(573 |
) |
|
|
120 |
|
|
|
(902 |
) |
|
|
101 |
|
Total other income (expense), net |
|
$ |
38,061 |
|
|
$ |
14,278 |
|
|
$ |
(45,071 |
) |
|
$ |
20,821 |
|
*Related to the change in fair value of the contingent consideration derivative liabilities. For more information, please read Note 4, Fair Value Measurements.
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