Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2026

Schedule of components of convertible notes


Convertible Senior Notes due January 2031	June 30, 2026	December 31, 2025

Notes issued at face value	120,000	120,000

Unamortized debt discount	(45,785)	(48,375)
Unamortized debt issuance costs (debt discount)	(4,874)	(5,204)

Long-term debt, net	69,341	66,421


Convertible Senior Notes due January 2031	Carrying Value	Fair Value ⁽¹⁾	Valuation Level

Balance, December 31, 2025	66,421	137,672	Level 3

Amortization of debt discount	3,200
Foreign exchange loss (gain)	(280)

Balance, June 30, 2026	69,341	134,969	Level 3

(1)

The reported fair value of Convertible Notes relates to the entire debt instrument inclusive of the fair value associated with the related Conversion Option Derivative that has been bifurcated and accounted for separately. Refer to note 14 for fair value information related to the Conversion Option Derivative.