Debt (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Debt

Debt at June 30, 2025, consisted of the following (in thousands):

	Principal		Unamortized Discount			Net Carrying Value
Term Loan	$	65,000	$	(109	)	$	64,891
Revolving Loan		20,000		—			20,000
Total debt		85,000		(109	)		84,891
Less: current portion		28,125		—			28,125
Non-current portion	$	56,875	$	(109	)	$	56,766

Debt at December 31, 2024, consisted of the following (in thousands):

	Principal		Unamortized Discount			Net Carrying Value
Term Loan	$	65,000	$	(138	)	$	64,862
Revolving Loan		19,297		—			19,297
Total debt		84,297		(138	)		84,159
Less: current portion		19,297		—			19,297
Non-current portion	$	65,000	$	(138	)	$	64,862

Expected Principal, Interest and Fee Payments on Term Loan Credit Agreement

Principal, interest and fee payments on the Term Loan Credit Agreement (as defined below) at June 30, 2025, are expected to be as follows (in thousands):

Year ended December 31,	Principal		Interest and Fees		Total
2025	$	—	$	3,725	$	3,725
2026		24,375		6,499		30,874
2027		32,500		2,939		35,439
2028		8,125		1,456		9,581
Total	$	65,000	$	14,619	$	79,619