v3.26.1
Term Notes Payable (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Total Interest Expense Recognized
The following table presents the total interest expense recognized related to the 2025 Credit Facility and 2024 Term Loan during the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Contractual interest expense $12,231 $13,847 $21,647 $27,922 
Amortization of debt discounts and debt issuance costs784 1,096 1,383 2,207 
Total interest expense$13,015 $14,943 $23,030 $30,129 
The following table presents the total interest expense recognized related to the 2029 Convertible Notes during the three and six months ended June 30, 2026, and 2025:
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Contractual interest expense $1,736 $1,736 $3,472 $3,472 
Amortization of debt issuance costs260 259 518 515 
Total interest expense$1,996 $1,995 $3,990 $3,987 
Schedule of Principal Repayments of Debt
As of June 30, 2026, scheduled principal repayments under the 2025 Term Loan were as follows:
Years ended December 31,Principal Payments
2026$22,000 
202766,000 
202866,000 
202988,000 
2030623,500 
Total before unamortized discount and issuance costs$865,500 
Less: unamortized discount and issuance costs(12,676)
Term notes carrying value$852,824 
As of June 30, 2026, the future minimum payments on the 2029 Convertible Notes were as follows:
Years ended December 31,2029 Convertible Notes
2026$3,472 
20276,943 
20286,943 
2029244,972 
Total minimum payments $262,330 
Less: interest (20,830)
Less: unamortized issuance costs(2,767)
Convertible notes carrying value$238,733