CONVERTIBLE AND OTHER NOTES PAYABLE (Tables)

6 Months Ended

Jun. 30, 2025

Debt Disclosure [Abstract]

Schedule of Notes Payable

Notes payable as of June 30, 2025 and December 31, 2024, consists of the following (in thousands):

	Stated Interest Rate	Effective Interest Rates	Maturities	June 30, 2025		December 31, 2024
Convertible Notes:
2031 Convertible Notes	—%	0.4%	2031	625,000		625,000
2029 Convertible Notes	3.0%	3.7%	2029	460,000		460,000
Equipment and Settlement:
Bremer loan	5.5%	5.5%	2027	—		10,669
Didado note	5.0%	15.0%	2027	—		8,964
HMC note	5.0%	15.0%	2026	—		9,042
Harper note	5.0%	15.0%	2026	—		3,119
Trilogy note	5.0%	15.0%	2026	—		2,107
Other:
ACM note	—%	15.0%	2025	1,550		3,023
Other	7.1% - 7.7%	7.1% - 7.7%	2025	—		129
Notes payable				1,086,550		1,122,053
Less: Unamortized discounts				27,304		31,773
Total notes payable, net				1,059,246		1,090,280
Less: current portion				1,550		16,290
Convertible and other notes payable, net of current portion				$	1,057,696	$	1,073,990

Schedule of Convertible Notes

Interest expense on the 2029 Convertible Notes and 2031 Convertible Notes (together “Convertible Notes”) was as follows (in thousands):

	Three Months Ended June 30, 2025		Six Months Ended June 30, 2025
Coupon interest	$	3,450	$	6,900
Amortization of debt discount and issuance costs	1,304		2,601
Total	$	4,754	$	9,501

Schedule of Maturities of Long-Term Debt

Maturities on convertible and other notes payable, gross of unamortized discounts, are as follows (in thousands):

	Convertible Notes		Other Notes Payable
Remaining 2025	$	—	$	1,550
2026	—		—
2027	—		—
2028	—		—
2029	460,000		—
Thereafter	625,000		—
Total	$	1,085,000	$	1,550