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Debt, Net (Tables)

12 Months Ended

Dec. 31, 2024

Debt Disclosure [Abstract]

Schedule of Long-Term Debt Instruments

The carrying values of our debt, net of discounts, deferred financing and debt issuance costs were as follows (in thousands):

			December 31, 2024						December 31, 2023
Term Loan1,2			$	271,523					$	349,503
2022 Revolving Facility			—						—
Total debt, net			$	271,523					$	349,503
_______________
1 Includes unamortized discount of $8.1 million and $14.7 million, and unamortized loan fees of $0.4 million and $0.8 million, as of December 31, 2024, and December 31, 2023, respectively, recorded as a reduction of the carrying amount of the debt and amortized to interest expense using the effective interest method.
2 Estimated fair value of the Term Loan was $175.1 million as of December 31, 2024.

Schedule of Future Minimum Principal Payments on Long-Term Debt

As of December 31, 2024, future minimum principal payments on long-term debt were as follows (in thousands):

2025			$	20,000
2026			30,000
2027			230,090
Total future minimum principal payment			280,090
Less: current portion			(20,000)
Long-term portion			$	260,090

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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