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Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Liability Components of Convertible Notes
The net carrying amount of the liability components of the Convertible Notes were as follows:
As of September 30,As of December 31,
20252024
2026 Convertible Notes:(In thousands)
Principal$7,633 $35,000 
Unamortized debt issuance costs(16)(205)
2026 Convertible Notes net carrying amount7,617 34,795 
2028 Convertible Notes:
Principal250,000 250,000 
Unamortized debt issuance costs(2,707)(3,511)
2028 Convertible Notes net carrying amount247,293 246,489 
Total net carrying amount$254,910 $281,284 
Schedule of Interest Expense Recognized Related to Convertible Notes
The following table sets forth the interest expense recognized related to the Convertible Notes:
Three months ended September 30,Nine months ended September 30,
2025202420252024
2026 Convertible Notes:(In thousands)
Contractual interest expense$$22 $31 $219 
Amortization of debt issuance costs10 44 50 377 
Total interest expense related to the 2026 Convertible Notes15 66 81 596 
2028 Convertible Notes:
Contractual interest expense313 313 939 939 
Amortization of debt issuance costs268 267 804 803 
Total interest expense related to the 2028 Convertible Notes581 580 1,743 1,742 
Total interest expense$596 $646 $1,824 $2,338 
Schedule of Costs Incurred for Capped Calls Related to Convertible Notes
The following table sets forth key terms and costs incurred for the Capped Calls related to the Convertible Notes as of September 30, 2025:
2026 Convertible Notes2028 Convertible Notes
(In thousands, except share and per share amounts)
Initial approximate strike price per share, subject to certain adjustments$91.03 $179.27 
Initial cap price per share, subject to certain adjustments$137.40 $260.76 
Net costs incurred$43,320 $25,500 
Class A common stock covered, subject to anti-dilution adjustments83,854 1,394,525