v3.26.1
Convertible Senior Notes and Capped Call Transactions (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Liability and Equity Components of Convertible Notes
The net carrying amount of the 2029 Notes was as follows (in thousands):
June 30, 2026December 31, 2025
Liability
(unaudited)
Principal$460,000 $460,000 
Unamortized issuance costs(6,722)(7,741)
Net carrying amount$453,278 $452,259 
Schedule of Interest Expense The interest expense recognized related to the Notes during the three and six months ended June 30, 2026 and 2025 were as follows (in thousands):
Three Months Ended June 30,
20262025
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
(unaudited)
Contractual interest expense$— $1,150 $1,150 $786 $1,150 $1,936 
Amortization of debt issuance costs— 509 509 386 501 887 
Total$— $1,659 $1,659 $1,172 $1,651 $2,823 
Six Months Ended June 30,
20262025
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
(unaudited)
Contractual interest expense$— $2,300 $2,300 $1,572 $2,300 $3,872 
Amortization of debt issuance costs— 1,019 1,019 770 1,004 1,774 
Total$— $3,319 $3,319 $2,342 $3,304 $5,646