| Schedule of Carrying Amount of Liability Component of Convertible Debt |
June 30, 2026 and December 31, 2025 is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | 2026 Notes | | 2029 Notes | | Second Lien Notes (1) | | Total | | 2026 Notes | | 2029 Notes | | Second Lien Notes (1) | | Total | | (In thousands) | | Principal | $ | 14,972 | | | $ | 229,641 | | | $ | 181,952 | | | $ | 426,565 | | | $ | 20,125 | | | $ | 221,877 | | | $ | 181,952 | | | $ | 423,954 | | Unamortized debt discount | — | | | (22,630) | | | — | | | (22,630) | | | — | | | (25,955) | | | — | | | (25,955) | | | Unamortized issuance costs | (26) | | | (5,344) | | | — | | | (5,370) | | | (73) | | | (6,142) | | | — | | | (6,215) | | | Total net carrying value | 14,946 | | | 201,667 | | | 181,952 | | | 398,565 | | | 20,052 | | | 189,780 | | | 181,952 | | | 391,784 | | | Less: Current portion of senior notes | (14,946) | | | — | | | — | | | (14,946) | | | (20,052) | | | — | | | — | | | (20,052) | | | Carrying value of long-term debt, net | $ | — | | | $ | 201,667 | | | $ | 181,952 | | | $ | 383,619 | | | $ | — | | | $ | 189,780 | | | $ | 181,952 | | | $ | 371,732 | |
(1) Represents $115.0 million of outstanding principal amount of Second Lien Notes, plus the maximum interest of $58.7 million as well as a redemption premium of $8.3 million.
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| Schedule of Interest Expense Incurred |
The following table sets forth the interest expense recognized related to the Notes: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2026 | | 2025 | | 2026 | | 2025 | | | | | | | | | | | | | | | | | | (In thousands) | | | | | Contractual interest expense | $ | 6,345 | | | $ | 5,949 | | | $ | 12,586 | | | $ | 11,617 | | | | | | | Amortization of debt issuance costs | 421 | | | 656 | | | 821 | | | 1,291 | | | | | | | Amortization of debt discount | 1,724 | | | 1,261 | | | 3,335 | | | 2,436 | | | | | | | Total interest expense | $ | 8,490 | | | $ | 7,866 | | | $ | 16,742 | | | $ | 15,344 | | | | | |
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