XML 35 R24.htm IDEA: XBRL DOCUMENT v3.25.2
Convertible Senior Notes and Capped Call Transactions (Tables)
 6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Net Carrying Amount of Liability and Equity Components of Convertible Notes
The net carrying amount of the Notes were as follows (in thousands):
June 30, 2025December 31, 2024
(unaudited)
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
Principal$251,343 $460,000 $711,343 $251,494 $460,000 $711,494 
Unamortized issuance costs(195)(8,753)(8,948)(965)(9,757)(10,722)
Net carrying amount$251,148 $451,247 $702,395 $250,529 $450,243 $700,772 
Schedule of Interest Expense The interest expense recognized related to the Notes for the three and six months ended June 30, 2025 and 2024 were as follows (in thousands):
Three Months Ended June 30,
20252024
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
(unaudited)
Contractual interest expense$786 $1,150 $1,936 $790 $— $790 
Amortization of debt issuance costs386 501 887 385 — 385 
Total$1,172 $1,651 $2,823 $1,175 $— $1,175 

Six Months Ended June 30,
20252024
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
(unaudited)
Contractual interest expense$1,572 $2,300 $3,872 $1,581 $— $1,581 
Amortization of debt issuance costs770 1,004 1,774 768 — 768 
Total$2,342 $3,304 $5,646 $2,349 $— $2,349