v3.25.3
Cash and Cash Equivalents (Tables)
9 Months Ended
Sep. 30, 2025
Cash and Cash Equivalents [Abstract]  
Schedule of Cash and Cash Equivalents
The following table presents the Company’s cash and cash equivalents ($ in thousands):
September 30, 2025December 31, 2024
Cash 715,953 448,508 
Cash equivalents (i)1,202 1,159 
 717,155 449,667 
Denominated in:  
US$689,233 429,887 
Renminbi (“RMB”) (ii)25,558 18,979 
Hong Kong dollar (“HK$”)1,474 114 
Australian dollar (“A$”)535 522 
Taiwan dollar (“TW$”)355 165 
717,155 449,667 
(i)Cash equivalents represent short-term and highly liquid investments in a money market fund.
(ii)Certain cash and bank balances denominated in RMB were deposited with banks in mainland China. The conversion of these RMB-denominated balances into foreign currencies is subject to the rules and regulations of foreign exchange control promulgated by the Chinese government.