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DEBT AND FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of long-term debt instruments
Our debt consists of the following (in thousands):
December 31,
20252024
Line of Credit$40,070 $— 
2024 Convertible Senior Notes, net168,850 $167,729 
2020 Convertible Senior Notes, net— $45,863 
Total debt$208,920 $213,592 
Convertible Debt
The net carrying amount of the liability component of the 2024 Convertible Senior Notes is as follows (in thousands):

December 31,
20252024
Principal$172,500 $172,500 
Minus:
Unamortized issuance costs(3,650)(4,771)
Net carrying amount$168,850 $167,729 

Interest expense recognized related to the 2024 Convertible Senior Notes is as follows (in thousands):
December 31,
20252024
Contractual interest expense (due in cash)$7,331 $5,478 
Amortization of debt issuance costs1,122 838 
Total interest expense related to the 2024 Convertible Senior Notes$8,453 6,316 
Effective interest rate4.90 %4.90 %
The net carrying amount of the liability component of the 2020 Convertible Senior Notes is as follows (in thousands):

December 31,
20252024
Principal$— $46,070 
Minus: Unamortized issuance costs— (207)
Net carrying amount of the liability component$— $45,863 

Interest expense recognized related to the 2020 Convertible Senior Notes is as follows (in thousands):
December 31,
20252024
Contractual interest expense (due in cash)$326 $921 
Amortization of debt issuance costs207 585 
Total interest expense related to the 2020 Convertible Senior Notes
$533 $1,506 
Effective interest rate1.64 %1.64 %
Aggregate Future Payments of Principal Due Upon Maturity
Aggregate future payments of principal due upon maturity are as follows (in thousands):
Years Ending December 31,Debt
2026$— 
2027— 
202840,070 
2029172,500 
Future periods— 
Total debt$212,570