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Debt (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Net Carrying Amount of Notes and Term Debt

The net carrying amount of the Notes and Term Debt consists of the following:

 

(in thousands)

 

June 30,
2023

 

 

December 31,
2022

 

 

 

 

 

 

 

 

Convertible debt

 

$

345,000

 

 

$

345,000

 

Term debt

 

 

952

 

 

 

-

 

Unamortized issuance costs

 

 

(6,517

)

 

 

(7,503

)

Total debt, net of unamortized issuance costs

 

 

339,435

 

 

 

337,497

 

Less: current portion of long-term debt

 

 

(399

)

 

 

-

 

Carrying value, net

 

$

339,036

 

 

$

337,497

 

Summary of Total Interest Expense Recognized Related to Notes and Term Debt

The total interest expense recognized related to the Notes and Term Debt consists of the following:

 

 

 

Three months ended
June 30,

 

 

Six months ended
June 30,

 

(in thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Contractual interest expense

 

$

228

 

 

$

216

 

 

$

457

 

 

$

437

 

Amortization of issuance costs

 

 

494

 

 

 

489

 

 

 

987

 

 

 

977

 

Total

 

$

722

 

 

$

705

 

 

$

1,444

 

 

$

1,414