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Borrowings (Tables) | 3 Months Ended
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Mar. 31, 2024
Debt Disclosure [Abstract] |
Summary of Carrying Amount of Borrowings | Carrying amount of the Company's borrowings consisted of the following (in thousands):
|  | March 31, 2024 |  |  | December 31, 2023 |
Senior convertible notes |  | $ | 227,214 |  |  | $ | 226,851 |
MidCap credit facility |  |  | 28,105 |  |  |  | 33,019 |
Mann Group convertible note |  |  | 8,829 |  |  |  | 8,829 |
Total debt – net carrying amount |  | $ | 264,148 |  |  | $ | 268,699 |
Schedule of Line of Credit Facility Debt and Key Terms | The following table provides a summary of the Company’s principal balance of debt and key terms:
|  | Amount Due |  | Terms
|  | March 31, 2024 |  | December 31, 2023 |  | Annual Interest Rate |  | Maturity Date |  | Conversion Price
Senior convertible notes |  | $230.0 million |  | $230.0 million |  | 2.50% |  | March 2026 |  | $5.21 per share
MidCap credit facility |  | $28.3 million |  | $33.3 million |  | one-month SOFR (1% floor) plus 6.25%; cap of 8.25% |  | August 2025 |  | N/A
Mann Group convertible note |  | $8.8 million |  | $8.8 million |  | 2.50% |  | December 2025 |  | $2.50 per share
Schedule of Maturities of Company's Borrowings | The maturities of the Company’s borrowings as of March 31, 2024 are as follows (in thousands):
|  | Amounts |
Remainder of 2024 |  | $ | 15,000 |
2025 |  |  | 22,163 |
2026 |  |  | 230,000 |
Total principal payments |  |  | 267,163 |
Unamortized discount and prepayment fee |  |  | (155 | )
Debt issuance costs |  |  | (2,860 | )
Total debt |  | $ | 264,148 |
Schedule of Amortization of Premium and Accretion of Debt Issuance Costs | Amortization of the premium and accretion of debt issuance costs related to all borrowings were as follows (in thousands):
|  | Three Months Ended March 31, |
|  | 2024 |  |  | 2023 |
Amortization of debt discount and prepayment fee |  | $ | 85 |  |  | $ | 106 |
Amortization of debt issuance cost |  |  | 363 |  |  |  | 363 |

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