v3.26.1
DEBT (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
The following table provides information regarding the Company’s debt:
June 30,
2026
December 31,
2025
(In thousands)
Convertible notes
Notes due 2028$575,000 $575,000 
Less: unamortized debt issuance costs(2,164)(2,806)
Carrying amount of Notes due 2028572,836 572,194 
Notes due 2026— 632,500 
Less: unamortized debt issuance costs— (317)
Carrying amount of Notes due 2026— 632,183 
Total carrying amount of debt572,836 1,204,377 
Less: debt, current— (632,183)
Debt, non-current$572,836 $572,194 
The following table presents the total amount of interest cost recognized in the condensed consolidated statement of operations relating to the Company’s notes:
Three Months Ended June 30,
20262025
Notes due 2028Notes due 2028Notes due 2026
(In thousands)
Amortization of debt issuance costs$327 $327 $502 
Six Months Ended June 30,
20262025
Notes due 2028Notes due 2026Notes due 2028Notes due 2026Notes due 2025
(In thousands)
Contractual interest expense$— $— $— $— $43 
Amortization of debt discount— — — — 803 
Amortization of debt issuance costs643 317 643 987 75 
Total interest cost recognized$643 $317 $643 $987 $921