v3.25.2
Long-Term Debt
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Long-Term Debt Long-Term Debt
Total convertible notes payable consisted of the following (in thousands):
June 30, 2025December 31, 2024
5.00% Convertible notes due 2027
$175,250 $175,250 
Unamortized debt issuance costs(4,682)(5,566)
Total convertible notes payable
$170,568 $169,684 
    As of June 30, 2025 and December 31, 2024, the effective interest rate of the 2027 Convertible notes is 6.2%.
The interest expense incurred in connection with the convertible notes payable consisted of the following (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2025202420252024
Coupon interest $2,192 $2,192 $4,384 $4,384 
Amortization of debt issuance costs442 416 884 832 
Total interest expense on convertible notes payable$2,634 $2,608 $5,268 $5,216