XML 56 R33.htm IDEA: XBRL DOCUMENT v3.25.4
Convertible Senior Notes and Capped Call Transactions (Tables)
12 Months Ended
Dec. 31, 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):
December 31, 2025December 31, 2024
2025 Notes2029 NotesTotal2025 Notes2029 NotesTotal
Liability
Principal
$— $460,000 $460,000 $251,494 $460,000 $711,494 
Unamortized issuance costs
— (7,741)(7,741)(965)(9,757)(10,722)
Net carrying amount$— $452,259 $452,259 $250,529 $450,243 $700,772 
Schedule of Interest Expense The interest expense recognized related to the Notes for the years ended December 31, 2025, 2024 and 2023 were as follows (in thousands):
Year ended December 31,
2025
2025 Notes2029 NotesTotal
Contractual interest expense$1,957 $4,600 $6,557 
Amortization of debt issuance costs960 2,016 2,976 
Total$2,917 $6,616 $9,533 

Year ended December 31,
2024
2025 Notes2029 NotesTotal
Contractual interest expense$3,159 $1,406 $4,565 
Amortization of debt issuance costs1,550 594 2,144 
Total$4,709 $2,000 $6,709 

Year ended December 31,
2023
2025 Notes2029 NotesTotal
Contractual interest expense$3,163 $— $3,163 
Amortization of debt issuance costs1,514 — 1,514 
Total$4,677 $— $4,677