v3.26.3
Credit Facility and Long-Term Debt (Tables)
9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Debt

The following table presents the outstanding principal amounts of the Company's revolving credit facility and term loan (in thousands):

 

 

September 30,
2026

 

 

December 31,
2025

 

Revolving credit facility

 

$

—

 

 

$

29,383

 

Term loan

 

$

82,875

 

 

$

55,714

 

Summary of Interest Expense Recognized

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

 

 

 

Three Months Ended

 

 

Nine months ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contractual interest expense

 

$

2,434

 

 

$

1,581

 

 

$

5,551

 

 

$

5,080

 

Amortization of debt discount

 

 

353

 

 

 

223

 

 

 

840

 

 

 

779

 

Loss on extinguishment of debt

 

 

—

 

 

 

1,923

 

 

 

1,755

 

 

 

1,923

 

Interest income

 

 

(80

)

 

 

(9

)

 

 

(404

)

 

 

(9

)

Total interest expense, net

 

$

2,707

 

 

$

3,718

 

 

$

7,742

 

 

$

7,773

 

Summary of Maturities of Term Loan Debt

The following table summarizes the maturities of debt, assuming no prepayments or refinancing (in thousands):

 

2026 (remaining three months)

 

$

1,063

 

2027

 

 

4,250

 

2028

 

 

4,250

 

2029

 

 

73,312

 

 

 

 

82,875

 

Less:

 

 

 

Current portion

 

 

(4,250

)

Unamortized debt discount

 

 

(2,962

)

Total Term Loan, non-current

 

$

75,663