v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The table below presents the Company’s debt balances:
March 31
2026
December 31, 2025
2026 Convertible Notes$17,668 $17,668 
2029 Convertible Notes— 124,605 
Total debt17,668 142,273 
Less: unamortized debt issuance discount and costs1,067 35,229 
Total debt, net16,601 107,044 
Less: current portion16,601 16,560 
Long-term debt, net$— $90,484 
Schedule of Convertible Debt
The following table presents the carrying amounts and fair values associated with the 2026 Convertible Notes as of March 31, 2026. The fair value of the 2026 Convertible Notes is considered to be a Level 3 fair value measurement.

Outstanding balanceUnamortized issuance costs and debt discountCarrying valueFair value
2026 Convertible Notes$17,668 $(1,067)$16,601 $17,194 
Schedule of Interest Expense
The table below summarizes the components of interest expense for the following periods:
Three Months Ended March 31,
20262025
Contractual interest expense
$276 $2,352 
Amortization of debt discount and deferred financing costs
41 2,764 
Total interest expense
$317 $5,116