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Long-term Debt (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Outstanding Balance of Convertible Notes

The outstanding balance of the Convertible Notes as of December 31, 2024 and 2023 consisted of the following (in thousands):

 

 

December 31,

 

 

 

2024

 

 

2023

 

Principal

 

 

93,897

 

 

 

93,897

 

Less: debt discount and issuance costs, net

 

$

(556

)

 

$

(864

)

Net carrying amount

 

 

93,341

 

 

 

93,033

 

Schedule of Interest Expense Recognized Related to Convertible Notes

The following table sets forth total interest expense recognized related to the Convertible Notes during the years ended December 31, 2024, 2023 and 2022 (in thousands):

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Amortization of debt issuance costs

 

 

309

 

 

 

297

 

 

 

459

 

Contractual interest expense

 

 

3,286

 

 

 

3,286

 

 

 

5,248

 

  Total interest expense

 

$

3,595

 

 

$

3,583

 

 

$

5,707

 

Summary of Credit Facility

The outstanding balance of the Credit Facility as of December 31, 2024 and 2023 consisted of the following (in thousands):

 

 

 

December 31,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Principal

 

$

375,000

 

 

$

 

Less: debt discount and issuance costs

 

 

(15,511

)

 

 

 

Net carrying amount

 

$

359,489

 

 

$

 

Summary of Interest Expense Recognized Related to Credit Facility

The following table sets forth total interest expense recognized related to the Credit Facility as of December 31, 2024 and 2023 (in thousands):

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

Amortization of debt issuance costs

 

$

1,250

 

 

$

 

Contractual interest expense

 

 

26,082

 

 

 

 

   Total interest expense

 

$

27,332

 

 

$