Convertible Notes (Tables)

3 Months Ended

Mar. 31, 2024

Convertible Notes [Abstract]

Schedule of Key Terms of Convertible Notes

Key terms of the Convertible Notes are as follows:

	2023 Notes	2021 Notes
Principal outstanding	$130,000	$150,000
Maturity date (unless earlier converted, repurchased or redeemed)	August 15, 2028	June 15, 2026
Interest rate	5.75%	3.25%
Conversion price	$9.54	$11.04
Conversion rate	104.8658	90.5797
Redemption price	$12.40	$14.35

Schedule of Convertible Notes

The following table provides a summary of the Convertible Notes at March 31, 2024 and December 31, 2023:

	March 31, 2024									December 31, 2023
	2023 Notes			2021 Notes			Total			2023 Notes			2021 Notes			Total
Principal amount	$	130,000		$	150,000		$	280,000		$	130,000		$	150,000		$	280,000
Plus: Premium		—			—			—			—			—			—
Gross proceeds		130,000			150,000			280,000			130,000			150,000			280,000
Less: Unamortized issuance costs		(2,827	)		(1,910	)		(4,737	)		(2,987	)		(2,125	)		(5,112	)
Carrying amount	$	127,173		$	148,090		$	275,263		$	127,013		$	147,875		$	274,888
Effective interest rate(5F1)		6.25%			3.83%			4.96%			6.25%			3.83%			4.96%

⁽¹⁾ Includes amortization of the issuance costs and premium.