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DEBT (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt:
March 31,
2025
December 31,
2024
(In thousands)
Convertible notes
Notes due 2028$575,000 $575,000 
Less: unamortized debt issuance costs(3,786)(4,102)
Carrying amount of Notes due 2028 571,214 570,898 
Notes due 2026632,500 632,500 
Less: unamortized debt issuance costs(1,823)(2,309)
Carrying amount of Notes due 2026 630,677 630,191 
Notes due 2025— 102,168 
Less: unamortized debt discount— (803)
Less: unamortized debt issuance costs— (74)
Carrying amount of Notes due 2025— 101,291 
Total carrying amount of debt1,201,891 1,302,380 
Less: debt, current(630,677)(101,291)
Debt, non-current$571,214 $1,201,089 
The following table presents the total amount of interest cost recognized in the consolidated statement of operations relating to the Company’s notes:
Three Months Ended
March 31,
20252024
Notes due 2028Notes due 2026Notes due 2025Notes due 2028Notes due 2026Notes due 2025
(In thousands)
Contractual interest expense$— $— $43 $— $— $64 
Amortization of debt discount— — 803 — — 1,177 
Amortization of debt issuance costs316 485 75 326 503 126 
Total interest cost recognized$316 $485 $921 $326 $503 $1,367