v3.26.1
Subsequent Events
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
Convertible Senior Notes Offering
On May 7, 2026, the Company completed a private offering of $115.0 million aggregate principal amount of 6.75% Convertible Senior Notes due 2034, resulting in net proceeds of approximately $99.5 million after discounts, commissions, and estimated offering expenses. The notes are general unsecured obligations of the Company. The Company used $32.7 million of the net proceeds to fully repay the outstanding obligations under the Loan and Security Agreement, including accrued interest, prepayment fee, and related expenses and terminated the Loan and Security Agreement. The Company expects to use the remaining net proceeds for general corporate purposes.