v3.26.3
Debt (Tables)
9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Summary of Debt

The following table presents the carrying value of our term loans (in thousands):

 

 

September 30,
2026

 

 

December 31,
2025

 

 

 

 

 

 

 

 

June 2030 Term Loan

 

$

117,188

 

 

$

121,875

 

Debt discount and issuance cost, net of amortization

 

 

(435

)

 

 

(533

)

Total debt

 

 

116,753

 

 

 

121,342

 

Less: debt maturing within one year, net

 

 

6,125

 

 

 

6,120

 

Long-term debt, net

 

$

110,628

 

 

$

115,222

 

Summary of Interest Expense Recognized

The following table summarizes the interest expense recognized for all periods presented (in thousands):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contractual interest expense for term loan

 

$

1,574

 

 

$

1,859

 

 

$

4,718

 

 

$

6,547

 

Contractual interest expense for revolving facility

 

 

—

 

 

 

81

 

 

 

—

 

 

 

81

 

Amortization of debt discount and issuance cost

 

 

58

 

 

 

58

 

 

 

174

 

 

 

353

 

Other

 

 

59

 

 

 

55

 

 

 

164

 

 

 

224

 

Total interest expense

 

$

1,691

 

 

$

2,053

 

 

$

5,056

 

 

$

7,205

 

Summary of Future Principal Payments under Total Long-term Debt

The future principal payments under our total long-term debt as of September 30, 2026 are as follows (in thousands):

 

 

Amounts

 

 

 

 

 

Remainder of 2026

 

$

1,563

 

2027

 

 

6,250

 

2028

 

 

6,250

 

2029

 

 

6,250

 

2030

 

 

96,875

 

Thereafter

 

 

—

 

Total debt

 

$

117,188