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Debt (Tables) | 12 Months Ended
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Dec. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Long-term Debt Instruments | The following table summarizes information about the net carrying amounts of long-term debt as of December 31, 2025:
(in thousands) |  |  | 2026 Notes |  | 2027 Notes |  | 2030 Notes |  | Total
Principal amount outstanding |  |  | $ | 20,000 |  |  | $ | 265,000 |  |  | $ | 115,000 |  |  | $ | 400,000 |
Unamortized debt issuance cost |  |  | (46) |  |  | (2,789) |  |  | (3,141) |  |  | (5,976) |
Total long-term debt |  |  | 19,954 |  |  | 262,211 |  |  | 111,859 |  |  | 394,024 |
Less: current portion of long-term debt |  |  | (19,954) |  |  | — |  |  | — |  |  | (19,954) |
Total non-current portion of long-term debt |  |  | $ | — |  |  | $ | 262,211 |  |  | $ | 111,859 |  |  | $ | 374,070 |
The following table summarizes information about the net carrying amounts of long-term debt as of December 31, 2024:
(in thousands) |  |  | 2026 Notes |  | 2027 Notes |  | Credit Facility |  | Total
Principal amount outstanding |  |  | $ | 20,000 |  |  | $ | 265,000 |  |  | $ | 90,000 |  |  | $ | 375,000 |
Unamortized debt issuance cost |  |  | (178) |  |  | (4,210) |  |  | (1,066) |  |  | (5,454) |
Unamortized discount |  |  | — |  |  | — |  |  | (1,191) |  |  | (1,191) |
Total long-term debt |  |  | 19,822 |  |  | 260,790 |  |  | 87,743 |  |  | 368,355 |
Less: current portion of long-term debt |  |  | — |  |  | — |  |  | — |  |  | — |
Total non-current portion of long-term debt |  |  | $ | 19,822 |  |  | $ | 260,790 |  |  | $ | 87,743 |  |  | $ | 368,355 |
Schedule of Equity and Liability Components of the Notes | The following table summarizes interest expense recognized on long-term debt:
| Year Ended December 31,
(in thousands) | 2025 |  | 2024 |  | 2023
Contractual interest expense | $ | 6,351 |  |  | $ | 11,470 |  |  | $ | 7,627 |
Amortization of debt issuance costs | 2,307 |  |  | 2,216 |  |  | 2,205 |
Amortization of discount | 35 |  |  | 216 |  |  | — |
Total interest expense | $ | 8,693 |  |  | $ | 13,902 |  |  | $ | 9,832 |
Schedule of Maturities of Long-term Debt | The following table summarizes the future principal payments as of December 31, 2025:
(in thousands) |
2026 | $ | 20,000 |
2027 | 265,000 |
2028 | — |
2029 | — |
2030 | 115,000 |
Thereafter | — |
Total | $ | 400,000 |

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