v3.26.1
Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Debt

The following table presents the carrying value of our term loans (in thousands):

 

 

June 30,
2026

 

 

December 31,
2025

 

 

 

 

 

 

 

 

June 2030 Term Loan

 

$

118,750

 

 

$

121,875

 

Debt discount and issuance cost, net of amortization

 

 

(467

)

 

 

(533

)

Total debt

 

 

118,283

 

 

 

121,342

 

Less: debt maturing within one year, net

 

 

6,123

 

 

 

6,120

 

Long-term debt, net

 

$

112,160

 

 

$

115,222

 

Summary of Interest Expense Recognized

The following table summarizes the interest expense recognized for all periods presented (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contractual interest expense for term loan

 

$

1,565

 

 

$

2,231

 

 

$

3,144

 

 

$

4,688

 

Amortization of debt discount and issuance cost

 

 

58

 

 

 

138

 

 

 

116

 

 

 

295

 

Other

 

 

51

 

 

 

107

 

 

 

105

 

 

 

169

 

Total interest expense

 

$

1,674

 

 

$

2,476

 

 

$

3,365

 

 

$

5,152

 

Summary of Future Principal Payments under Total Long-term Debt

The future principal payments under our total long-term debt as of June 30, 2026 are as follows (in thousands):

 

 

Amounts

 

 

 

 

 

Remainder of 2026

 

$

3,125

 

2027

 

 

6,250

 

2028

 

 

6,250

 

2029

 

 

6,250

 

2030

 

 

96,875

 

Thereafter

 

 

 

Total debt

 

$

118,750