v3.26.1
Long-term Debt and Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Notes

The Notes consisted of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

 

2026

 

 

2025

 

Principal amount of convertible senior notes

 

 

$

459,996

 

 

$

459,996

 

Less: Current portion of convertible senior notes

 

 

 

 

 

 

 

Convertible senior notes, net of current portion

 

 

 

459,996

 

 

 

459,996

 

Debt discount, net

 

 

 

(6,466

)

 

 

(7,192

)

Convertible senior notes, net of discount and current portion

 

 

$

453,530

 

 

$

452,804

 

Schedule of Long-Term Debt Instruments

Long-term debt consisted of the following (in thousands):

 

 

 

 

March 31,

 

 

December 31,

 

 

 

 

2026

 

 

2025

 

Principal amount of long-term debt

 

 

$

60,000

 

 

$

60,000

 

Less: Current portion of long-term debt

 

 

 

(15,000

)

 

 

(10,000

)

Long-term debt, net of current portion

 

 

 

45,000

 

 

 

50,000

 

Debt discount, net

 

 

 

(335

)

 

 

(413

)

Long-term debt, net of discount and current portion

 

 

$

44,665

 

 

$

49,587