XML 42 R31.htm IDEA: XBRL DOCUMENT
v3.25.1

DEBT (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
DEBT |
Schedule of debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | As of March 31, 2025 (unaudited) | ​ | As of December 31, 2024
​ | ​ | Principal Amount | ​ | ​ | Discounts and Deferred Financing Costs | ​ | ​ | Net Carrying Amount | ​ |  | Principal Amount | ​ | ​ | Discounts and Deferred Financing Costs | ​ | ​ | Net Carrying Amount
Convertible senior notes, non-current | ​ | 345,000 | ​ | ​ | (9,216) | ​ | ​ | 335,784 | ​ | ​ | 345,000 | ​ | ​ | (9,780) | ​ | ​ | 335,220
Total debt | $ | 345,000 | ​ | $ | (9,216) | ​ | $ | 335,784 | ​ | $ | 345,000 | ​ | $ | (9,780) | ​ | $ | 335,220
Schedule of interest expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | For the three months ended March 31, | ​ | ​
​ | ​ | ​ | ​ | 2025 | ​ | ​ | 2024 | ​ | ​
​ | ​ | ​ | ​ | (unaudited) | ​ | ​
Contractual interest expense | ​ | ​ | $ | 647 | ​ | $ | — | ​ | ​
Amortization of issuance costs | ​ | ​ | ​ | 564 | ​ | ​ | — | ​ | ​
Total interest expense, convertible senior notes | ​ | ​ | $ | 1,211 | ​ | $ | — | ​ | ​
​

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The tabular disclosure of debt interest expense. + References No definition available. + Details
Name: | verx_ScheduleOfInterestExpenseDebtTableTextBlock
Namespace Prefix: | verx_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration