v3.26.1
Indebtedness (Tables)
8 Months Ended
Dec. 31, 2025
Debt Instruments [Abstract]  
Schedule of Debt Instruments

The table below summarizes the Company's debt instruments for the periods indicated (in thousands):
 

 

 

As of

 

As of April 30,

 

 

December 31, 2025

 

2025

 

2024

Principal amount of the Notes

 

$

143,750

 

$

 

$

Unamortized discount - debt issuance costs

 

 

(4,523)

 

 

 

 

Carrying value of debt instruments

 

$

139,227

 

$

 

$

 

 

 

 

 

 

 

 

 

 

Fair value of debt instruments

 

$

182,830

 

$

 

$

Summary of Total Principal and Contractual Interest Payments

The table below summarizes the total principal and contractual interest payments due under the Notes (in thousands):
 

 

 

Principal

 

Interest

 

Total

2026

 

$

 

$

4,750

 

$

4,750

2027

 

 

 

 

4,737

 

 

4,737

2028

 

 

 

 

4,750

 

 

4,750

2029

 

 

 

 

4,737

 

 

4,737

2030

 

 

 

 

4,737

 

 

4,737

Thereafter

 

 

143,750

 

 

4,750

 

 

148,500

Total payments

 

$

143,750

 

$

28,461

 

$

172,211