v3.26.1
Debt (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt
Debt consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):
June 30, 2026December 31, 2025
(unaudited)
Variable interest rate term loan maturing 2029
$159,947 $160,761 
Total Principal Outstanding
159,947 160,761 
Less: Unamortized discount and issuance costs
(6,468)(7,510)
Net carrying amount153,479 153,251 
Less: Current portion of long-term debt
(1,627)(1,627)
Long-term debt, net of current portion
$151,852 $151,624 
Schedule of Convertible Debt
Components of interest expense are summarized as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(unaudited)(unaudited)
Contractual interest expense
$4,124 $4,665 $8,229 $10,534 
Amortization of debt discount and issuance costs
521 579 1,041 1,477 
Amortization of deferred financing costs
— 543 117 1,092 
Total
$4,645 $5,787 $9,387 $13,103 
Schedule of Principal Payments and Debt Maturity
As of June 30, 2026, we are subject to required principal payments and debt maturity as follows (in thousands):
Contractual Maturity
Fiscal year:
(unaudited)
2026
814 
2027
1,627 
2028
1,627 
2029
155,879 
Total debt maturities
159,947 
Less: Unamortized debt discount and issuance costs
(6,468)
Net carrying amount$153,479