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Convertible Notes (Table)
9 Months Ended
Sep. 30, 2022
Debt Disclosure [Abstract]  
Schedule of key terms of convertible notes
Key terms of the Convertible Notes are as follows:
 
        
    2021 Notes    
    
    2020 Notes    
 
 
Maturity date (unless earlier converted, repurchased or redeemed)
     June 15, 2026        June 15, 2023    
 
Interest rate
     3.25%        4.25%    
 
Conversion price
     $11.04        $5.92    
 
Conversion rate
     90.5797        168.9189    
 
Redemption price
     $14.35        $7.70    
Summary of the carrying value of the convertible notes
The following table provides a summary of the carrying value of the Convertible Notes at September 30, 2022 and December 31, 2021:
 
 
    
September 30, 2022
  
December 31, 2021
 
    
2021 Notes
  
2020 Notes
  
Total
  
2021 Notes
  
2020 Notes
  
Total
Principal amount
   $  150,000      $  175,000      $   325,000        $   150,000      $   175,000      $   325,000  
Plus: Premium
            250        250                 250        250  
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Gross proceeds
  
 
 
$ 150,000      $ 175,250      $ 325,250        $ 150,000      $ 175,250      $ 325,250  
Less: Unamortized issuance costs
(1)
     (3,195 )
 
     (1,490 )
 
     (4,685 )
 
       (3,833 )
 
     (2,793 )
 
     (6,626 )
 
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Carrying amount
   $ 146,805      $ 173,760      $ 320,565        $ 146,167      $ 172,457      $ 318,624  
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Effective interest rate
(1)
     3.83%        5.26%        4.60%          3.83%        5.26%        4.60%  
    
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
(1)
Includes amortization of the issuance costs and premium.