v3.26.1
Debt (Tables)
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):
March 31, 2026December 31, 2025
(unaudited)
Variable interest rate term loan maturing 2029
160,354 160,761 
Total Principal Outstanding
160,354 160,761 
Less: Unamortized discount and issuance costs
(6,989)(7,510)
Net carrying amount153,365 153,251 
Less: Current portion of long-term debt
(1,627)(1,627)
Long-term debt, net of current portion
$151,738 $151,624 
Schedule of Convertible Debt
Components of interest expense are summarized as follows (in thousands):
Three Months Ended March 31,
20262025
(unaudited)
Contractual interest expense
$4,105 $5,869 
Amortization of debt discount and issuance costs
516 898 
Amortization of deferred financing costs
117 549 
Total
$4,738 $7,316 
Schedule of Principal Payments and Debt Maturity
As of March 31, 2026, we are subject to required principal payments and debt maturity as follows (in thousands):
Contractual Maturity
Fiscal year:
(unaudited)
2026
1,220 
2027
1,627 
2028
1,627 
2029
155,880 
Total debt maturities
160,354 
Less: Unamortized debt discount and issuance costs
(6,989)
Net carrying amount$153,365