v3.26.1
Long - Term Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Senior Secured Term Loan  
Debt Instrument [Line Items]  
Schedule of senior secured term loan

The following table reflects the Company’s senior secured term loan as of June 30, 2026 (in thousands):

June 30,

2026

Outstanding principal balance

$

75,000

Accumulated PIK interest applied to term loan balance

1,894

Unamortized debt discounts and issuance costs

(2,834)

Carrying value

$

74,060

Schedule of interest expense of long-term debt obligations

Interest expense in relation to the Loan Agreement, including amortization of debt discounts and issuance costs amortization is as follows (in thousands):

For the three months ended
June 30,

For the six months ended
June 30,

2026

2026

Amortization of debt discounts and issuance costs

$

160

$

194

PIK interest expense (applied to term loan principal balance)

1,560

1,894

Total interest expense

$

1,720

$

2,088

2.50% convertible senior notes due 2032  
Debt Instrument [Line Items]  
Schedule of outstanding balance of the Convertible Notes

The outstanding balance of the Convertible Notes consisted of the following as of June 30, 2026 (in thousands):

June 30,

2026

Outstanding principal balance

$

230,000

Unamortized commissions and offering costs

(7,044)

Carrying value

$

222,956

Schedule of interest expense of long-term debt obligations

Interest expense in relation to the Convertible Notes, including amortization of commissions and offering costs is as follows (in thousands):

For the three and six months ended
June 30,

2026

Cash interest expense

$

1,465

Amortization of commissions and offering costs

280

Total interest expense

$

1,745