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Debt (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of Liability Components of the Convertible Notes | The following table summarizes the Company's debt for each of the periods indicated:
(in thousands) |  | June 30, 2025 |  | December 31, 2024
Senior Secured Term Loan due 2029: |  |  |  |
Principal |  | $ | 400,000 |  |  | $ | 400,000 |
Less: debt discount (1) |  | (6,878) |  |  | (7,863) |
Less: deferred financing (1) |  | (1,800) |  |  | (2,026) |
Net carrying value of long-term debt |  | $ | 391,322 |  |  | $ | 390,111 |
______________________________ (1) Included in the Company's Consolidated Balance Sheets within long-term debt and amortized to interest expense over the remaining life of the Senior Secured Term Loan due 2029 using the effective interest rate method.
Schedule of Components of Total Interest Expense | The following table sets forth interest expense recognized related to the Company's debt for each of the periods indicated:
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |  |
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024 |  |  |  |
Contractual interest expense |  | $ | 10,931 |  |  | $ | 11,941 |  |  | $ | 21,771 |  |  | $ | 23,915 |  |  |  |  |
Amortization of debt discount |  | $ | 502 |  |  | $ | 436 |  |  | $ | 984 |  |  | $ | 858 |  |  |  |  |
Amortization of deferred financing |  | $ | 129 |  |  | $ | 124 |  |  | $ | 252 |  |  | $ | 233 |  |  |  |  |

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- Definition Tabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount. + References No definition available. + Details
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- Definition Tabular disclosure of interest income and expense, including, but not limited to, interest income and expense from investments, loans, and securities. + References No definition available. + Details
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