Debt (Tables)

3 Months Ended

Mar. 31, 2024

Debt Disclosure [Abstract]

Schedule of Debt

Debt consisted of the following: 

(In thousands)	March 31, 2024		December 31, 2023
2025 Notes	$	57,227	$	57,227
2026 Notes	115,000		115,000
Total debt	172,227		172,227
Less: unamortized original issue and debt discount	(23,068)		(25,703)
Total debt, net of unamortized original issue and debt discount	149,159		146,524
Less: current portion of debt	(111,891)		—
Noncurrent portion of debt	$	37,268	$	146,524

Schedule of Debt, Interest Expense

Total interest expense related to the 2025 Notes consisted of the following:

	Three Months Ended March 31,
(In thousands)	2024		2023
Contractual variable interest expense	$	1,749	$	2,298
Debt issuance costs amortization	138		162
Total interest expense	$	1,887	$	2,460

Total interest expense related to the 2026 Notes consisted of the following:

	Three Months Ended March 31,
(In thousands)	2023		2022
Contractual variable interest expense	$	1,145	$	1,797
Derivative accretion	287		2,210
Debt issuance costs amortization	2,210		287
Total interest expense	$	3,642	$	4,294

Schedule of Long-term Debt Contractual Maturities

As of March 31, 2024, long-term debt contractual maturities, excluding unamortized original issue discount and debt issuance costs, were as follows:

(In thousands)
2024 (remaining nine months)	$	134,706
2025	37,521
Total	$	172,227