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Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2025
Debt Instrument [Line Items]  
Summary of Current and Non-current Debt

The following table summarizes the current and non-current debt as of March 31, 2025 and December 31, 2024.

 

 

 

March 31,
2025

 

 

December 31,
2024

 

Credit Agreement

 

$

 

 

$

 

Convertible Senior Notes due 2025

 

 

5.4

 

 

 

5.4

 

Total debt

 

$

5.4

 

 

$

5.4

 

     Less current portion of debt

 

 

5.4

 

 

 

5.4

 

Total non-current portion of debt

 

$

 

 

$

 

Schedule of Interest (income) Expense

The following table provides the components of interest (income) expense, net for the three months ended March 31, 2025 and 2024:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Interest expense

 

$

0.5

 

 

$

0.6

 

Interest income

 

 

(2.0

)

 

 

(3.4

)

Interest (income) expense, net

 

$

(1.5

)

 

$

(2.8

)

Convertible Senior Notes due 2025  
Debt Instrument [Line Items]  
Schedule of Components of Convertible Notes

The components of the Convertible Senior Notes due 2025 as of March 31, 2025 and December 31, 2024 were as follows:

 

 

March 31,
2025

 

 

December 31,
2024

 

Principal

 

$

5.5

 

 

$

5.5

 

Less: Debt issuance costs, net of amortization

 

 

(0.1

)

 

 

(0.1

)

Convertible Senior Notes due 2025, net

 

$

5.4

 

 

$

5.4

 

Convertible Notes  
Debt Instrument [Line Items]  
Schedule of Interest (income) Expense

The following table sets forth total interest expense recognized related to the Convertible Notes:

 

 

Three Months Ended March 31,

 

 

 

2025

 

 

2024

 

Contractual interest expense

 

$

0.1

 

 

$

0.2

 

Amortization of debt issuance costs

 

 

 

 

 

 

Total

 

$

0.1

 

 

$

0.2