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Convertible Notes (Table)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of key terms of convertible notes
Key terms of the Convertible Notes are as follows:

 
 
2021 Notes
 
 
2020 Notes
 
Maturity date (unless earlier converted, repurchased or redeemed)
    June 15, 2026       June 15, 2023  
Interest rate
    3.25%       4.25%  
Conversion price
   
$11.04
      $5.92  
Conversion rate
    90.5797       168.9189  
Redemption price
    $14.35       $7.70  
Summary of the carrying value of the convertible notes
The following table provides a summary of the carrying value of the Convertible Notes at December 31, 2022 and 2021:
 
 
 
December 31, 2022
 
December 31, 2021
 
 
2021 Notes
 
2020 Notes
 
Total
 
2021 Notes
 
2020 Notes
 
Total
Principal amount
 
 
$
150,000    
 
$
175,000    
 
$
325,000    
 
$
150,000    
 
$
175,000    
 
$
325,000  
Plus: Premium
    —         250       250       —         250       250  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross proceeds
    150,000       175,250       325,250       150,000       175,250       325,250  
Less: Unamortized issuance costs
(1)
    (2,981     (1,053     (4,034     (3,833     (2,793     (6,626
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Carrying amount
 
 
$
147,019    
 
$
174,197    
 
$
321,216    
 
$
146,167    
 
$
172,457    
 
$
318,624  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Effective interest rate
(2)
    3.83%       5.26%       4.60%       3.83%       5.26%       4.60%  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
 
Unamortized issuance costs increased by $119 upon the early adoption of ASU
2020-06
on January 1, 2021 and are reported net of the unamortized premium.
(2)
 
Includes amortization of the issuance costs and premium.