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FINANCING ARRANGEMENTS (Tables)
 9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Notes
The carrying amount of the 2030 Notes consisted of the following as of September 30, 2025 (in thousands):

September 30, 2025
Principal amount
$244,071 
Plus: Unamortized debt premium
22,522 
Less: Unamortized debt issuance costs
(2,182)
Total $264,411 
The carrying amount of the 2027 Notes consisted of the following as of September 30, 2025 and December 31, 2024 (in thousands):

September 30, 2025
December 31, 2024
Fair value of principal recorded at issuance (1)
$46,210 $196,210 
Less: debt discount
(557)(3,483)
Total $45,653 $192,727 
(1)    The original principal of the 2027 Notes at issuance was recorded at fair value of $196.2 million, which is equal to the exchanged principal of $176.3 million and cash consideration received of $19.9 million. After the exchange on July 2, 2025, the remaining fair value of the principal recorded at issuance of the 2027 Notes was $46.2 million.
The carrying amount of the 2026 Notes consisted of the following as of September 30, 2025 and December 31, 2024 (in thousands):
September 30, 2025December 31, 2024
Principal amount$33,740 $53,740 
Less: debt discount(108)(454)
Net carrying amount of liability component
$33,632 $53,286 
Schedule of Interest Costs on Notes
During the three and nine months ended September 30, 2025, we recognized interest costs on the 2030 Notes as follows (in thousands):

Three and Nine Months Ended September 30,
2025
Contractual interest
$2,975 
Amortization of debt premium and debt issuance costs, net
(993)
Total $1,982 
For the three and nine months ended September 30, 2025, we recognized interest costs on the 2027 Notes as follows (in thousands):

Three Months Ended September 30, 2025Nine Months Ended September 30, 2025
Contractual interest
$791 $6,955 
Amortization of debt discount
98 849 
Total $889 $7,804 
During the three and nine months ended September 30, 2025 and 2024, we recognized interest costs on the 2026 Notes as follows (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2025202420252024
Contractual interest$96 $539 $398 $1,916 
Amortization of debt discount59 395 246 1,180 
Total $155 $934 $644 $3,096