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Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of Outstanding Balance of Convertible Notes

The outstanding balance of the Convertible Notes as of September 30, 2025 and December 31, 2024 consisted of the following (in thousands):

		September 30,				December 31,
		2025				2024
Principal		$	93,897			$	93,897
Less: debt discount and issuance costs, net			(316	)			(556	)
Net carrying amount		$	93,581			$	93,341

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 three and nine months ended September 30, 2025 and 2024 (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Amortization of debt issuance costs		$	81			$	78			$	239			$	230
Contractual interest expense			822				822				2,465				2,465
Total interest expense		$	903			$	900			$	2,704			$	2,695

Summary of Credit Facility

The outstanding balance of the Credit Facility as of September 30, 2025 and December 31, 2024 consisted of the following (in thousands):

		September 30,				December 31,
		2025				2024
Principal		$	375,000			$	375,000
Less: debt discount and issuance costs			(13,909	)			(15,511	)
Net carrying amount		$	361,091			$	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 during the three and nine months ended September 30, 2025 and 2024 (in thousands):

		Three Months Ended September 30,								Nine Months Ended September 30,
		2025				2024				2025				2024
Amortization of debt issuance costs		$	556			$	581			$	1,602			$	742
Contractual interest expense			9,627				10,854				28,602				16,160
Total interest expense		$	10,183			$	11,435			$	30,204			$	16,902

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22)(b))
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