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Debt (Tables)
6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of Convertible Notes

The 2017 Convertible Notes consisted of the following as of June 30, 2022:

 

 

 

2017 Convertible Notes

 

 

Remaining life in months

 

 

23

 

 

Gross proceeds

 

$

289,000

 

 

Less: debt issuance cost, net of amortization

 

 

(2,034

)

 

Net carrying amount

 

$

286,966

 

 

Summary of Interest Expense Recognized

The following table presents the amount of interest expense recognized related to the convertible notes:

 

 

 

For the Three Months Ended

 

 

 

For the Six Months Ended

 

 

 

June 30, 2022

 

 

June 30, 2021

 

 

 

June 30, 2022

 

 

June 30, 2021

 

Contractual interest coupon

 

$

2,196

 

 

$

2,618

 

 

 

$

4,814

 

 

$

5,236

 

Amortization of debt discount

 

 

-

 

 

 

4,745

 

 

 

 

-

 

 

 

9,416

 

Amortization of debt issuance costs

 

 

427

 

 

 

406

 

 

 

 

936

 

 

 

808

 

Total interest expense recognized

 

$

2,623

 

 

$

7,769

 

 

 

$

5,750

 

 

$

15,460