| Schedule of the Changes in the Carrying Value of Equity Investments |
The changes in the carrying value of equity investments carried under the measurement alternative along with investments in limited partnerships and certain forward contracts to purchase a specified quantity of equity shares in private companies are presented below (in thousands):
|
|
|
|
|
Table 8.1. Changes in the Carrying Value of Equity Investments under Measurement Alternative |
|
Balance as of December 31, 2024 |
|
$ |
68,229 |
|
Net investments and returns in privately held companies |
|
|
9,674 |
|
| |
|
|
1,511 |
|
| |
|
|
(3,156 |
) |
Realized gains (losses) and impairments |
|
|
(217 |
) |
|
|
|
|
|
Balance as of June 30, 2025 (1) |
|
$ |
76,041 |
|
|
|
|
|
|
(1) |
Excludes $ 7.8 million of strategic investments not accounted for under the measurement alternative as of June 30, 2025. |
|
|
|
|
|
Balance as of December 31, 2023 |
|
$ |
66,008 |
|
Net investments and returns in privately held companies |
|
|
1,273 |
|
| |
|
|
4,142 |
|
| |
|
|
(233 |
) |
Realized gains (losses) and impairments |
|
|
(368 |
) |
|
|
|
|
|
Balance as of June 30, 2024 (1) |
|
$ |
70,822 |
|
|
|
|
|
|
(1) |
Excludes $ 9.0 million of strategic investments not accounted for under the measurement alternative as of June 30, 2024. |
|
The changes in the carrying value of equity investments carried under the measurement alternative along with investments in limited partnerships and certain forward contracts to purchase a specified quantity of equity shares in private companies are presented below (in thousands): Table 9. Changes in the Carrying Value of Equity Investments under Measurement Alternative
|
|
|
|
|
Balance as of December 31, 2023 |
|
$ |
66,008 |
|
Net investments and returns in privately held companies |
|
|
1,162 |
|
| |
|
|
4,969 |
|
| |
|
|
(2,098 |
) |
Realized losses and impairments |
|
|
(1,812 |
) |
|
|
|
|
|
Balance as of December 31, 2024 (1) |
|
$ |
68,229 |
|
|
|
|
|
|
|
Excludes $ 15.9 million of strategic investments not accounted for under the measurement alternative as of December 31, 2024. |
|
|
|
|
|
Balance as of December 31, 2022 |
|
$ |
42,516 |
|
Investments in privately held companies |
|
|
25,390 |
|
| |
|
|
753 |
|
| |
|
|
(1,040 |
) |
Realized losses and impairments |
|
|
(1,611 |
) |
|
|
|
|
|
Balance as of December 31, 2023 (1) |
|
$ |
66,008 |
|
|
|
|
|
|
|
Excludes $ 9.9 million of strategic investments not accounted for under the measurement alternative as of December 31, 2023. |
|