Debt - Additional Information (Details) $ / shares in Units, $ in Thousands |
1 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Aug. 31, 2024
USD ($)
$ / shares
|
Jun. 30, 2025
USD ($)
$ / shares
|
Dec. 31, 2024
USD ($)
|
Sep. 30, 2021 |
|
0.25% Convertible Senior Notes Due 2026 | ||||
Debt Instrument [Line Items] | ||||
Debt principal amount | $ 161,200 | |||
Contractual Interest Rate | 0.25% | 0.25% | ||
Outstanding principal | $ 4,060 | $ 63,132 | ||
Maturity date | Oct. 01, 2026 | |||
Debt instrument, initial conversion price | $ / shares | $ 73.11 | |||
Debt instrument, effective interest rate | 0.84% | |||
Date of Issuance | 2021-09 | |||
Debt instrument, conversion ratio | 0.01368 | |||
0.25% Convertible Senior Notes Due 2026 | Repurchase Transactions | ||||
Debt Instrument [Line Items] | ||||
Outstanding principal | $ 4,000 | |||
2028 Convertible Notes | ||||
Debt Instrument [Line Items] | ||||
Debt principal amount | $ 150,000 | |||
Contractual Interest Rate | 7.50% | 7.50% | ||
Outstanding principal | $ 150,000 | $ 150,000 | ||
Debt instrument, payment terms | semi-annually in arrears on April 1 and October 1 of each year | |||
Maturity date | Oct. 01, 2028 | Oct. 01, 2028 | ||
Debt instrument, initial conversion price | $ / shares | $ 16 | $ 16 | ||
Debt instrument, effective interest rate | 8.00% | |||
Date of Issuance | 2024-08 | |||
Debt repurchase cash consideration | $ 100 | |||
Debt instrument, conversion ratio | 0.0625 | 0.0625 | ||
Debt instrument, convertible, type of equity security | The 2028 Convertible Notes will be convertible with an initial conversion rate of 62.5000 shares of common stock per $1,000 principal amount of 2028 Convertible Notes, which represents an initial conversion price of $16.00 per share of common stock, when certain conditions are met. | |||
Debt Instrument, redemption, description | The Company may not redeem the 2028 Convertible Notes prior to October 7, 2026. The 2028 Convertible Notes will be redeemable, in whole or in part (subject to certain limitations), for cash at the Company’s option at any time, and from time to time, on or after October 7, 2026 and on or before the 25th scheduled trading day immediately before the maturity date, but only if the last reported sale price per share of the Company’s common stock exceeds 130 percent of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to the principal amount of the 2028 Convertible Notes to be redeemed, plus accrued and unpaid interest, if any, up to, but excluding, the redemption date. In addition, calling any 2028 Convertible Note for redemption will constitute a Make-Whole Fundamental Change with respect to that 2028 Convertible Note, in which case the conversion rate applicable to the conversion of that 2028 Convertible Note will be increased in certain circumstances if it is converted after it is called for redemption. Pursuant to the Partial Redemption Limitation, the Company may not elect to redeem less than all of the outstanding 2028 Convertible Notes unless at least $100.0 million aggregate principal amount of 2028 Convertible Notes are outstanding and not subject to redemption as of the time the Company sends the related redemption notice. | |||
Debt instrument, unamortization of premium effective interest rate | 6.00% | |||
2028 Convertible Notes | Minimum | ||||
Debt Instrument [Line Items] | ||||
Debt instrument, limited redemption amount | $ 100,000 |