v3.26.1
DEBT AND FINANCING ARRANGEMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Our debt consists of the following (in thousands):
June 30, 2026December 31, 2025
Line of Credit$15,000 $40,070 
2024 Convertible Senior Notes, net169,411 168,850 
Total debt$184,411 $208,920 
Convertible Debt
The net carrying amount of the liability component of the 2024 Convertible Senior Notes is as follows (in thousands):

June 30, 2026December 31, 2025
Principal$172,500 $172,500 
Minus:
Unamortized issuance costs(3,089)(3,650)
Net carrying amount$169,411 $168,850 

Interest expense recognized related to the 2024 Convertible Senior Notes is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Contractual interest expense (due in cash)$1,833 $1,833 $3,666 $3,666 
Amortization of debt issuance costs281 281 561 561 
Total interest expense related to the 2024 Convertible Senior Notes$2,114 $2,114 $4,227 $4,227 
Effective interest rate4.90 %4.90 %4.90 %4.90 %