v3.26.1
DEBT (Tables)
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Convertible Debt The outstanding 2028 Convertible Notes balances as of June 30, 2026 and December 31, 2025 are summarized in the following table (in thousands):
June 30, 2026December 31, 2025
Long Term Debt
Outstanding principal$68,206 $68,206 
Unamortized 2021 Initial Purchasers’ debt discount and debt issuance cost(741)(893)
Net carrying amount$67,465 $67,313 
The following table presents total interest expense recognized related to the 2028 Convertible Notes during the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Cash interest expense
Contractual interest expense$85 $371 $171 $743 
Non-cash interest expense
Amortization of debt discount and debt issuance cost76 328 152 655 
Total interest expense$161 $699 $323 $1,398 
The outstanding 2030 Convertible Notes balances as of June 30, 2026 and December 31, 2025 are summarized in the following table (in thousands):
June 30, 2026December 31, 2025
Long Term Debt
Outstanding principal$118,690 $118,690 
Unamortized 2023 Initial Purchasers’ debt discount and debt issuance cost(2,148)(2,410)
Net carrying amount$116,542 $116,280 
The following table presents total interest expense recognized related to the 2030 Convertible Notes during the three and six months ended June 30, 2026 and 2025 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Cash interest expense
Contractual interest expense$1,261 $2,550 $2,522 $5,100 
Non-cash interest expense
Amortization of debt discount and debt issuance cost132 256 262 509 
Total interest expense$1,393 $2,806 $2,784 $5,609 
The following table presents total interest expense recognized related to the 2030 Senior Secured Notes during the three and six ended June 30, 2026 (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
20262026
Cash interest expense
Contractual interest expense$4,449 $8,849 
Non-cash interest expense
Amortization of debt discount and debt issuance cost946 1,843 
Total interest expense$5,395 $10,692 
Schedule of Outstanding Debt
The outstanding 2030 Senior Secured Notes balances as of June 30, 2026 are summarized in the following table (in thousands):
June 30, 2026December 31, 2025
Long Term Debt
Outstanding principal$160,000 $155,427 
Unamortized debt discount and debt issuance cost(24,788)(26,631)
Net carrying amount$135,212 $128,796