v3.24.2.u1
Debt (Tables)
6 Months Ended
Jun. 30, 2024
Braidwell Term Loans [Member]  
Debt Instrument [Line Items]  
Interest Expense Recognized Related to Convertible Notes

The following table sets forth the interest expense recognized related to the Braidwell Term Loans (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2024

 

 

June 30, 2024

 

Contractual interest expense

 

$

5,524

 

 

$

10,864

 

Amortization of debt issuance costs

 

 

891

 

 

 

1,737

 

Total interest expense

 

$

6,415

 

 

$

12,601

 

Debt Liability Component Braidwell Term Loans [Member]  
Debt Instrument [Line Items]  
Net Carrying Amount of Convertible Debt

The net carrying amount of the liability component of the Braidwell Term Loans was as follows (in thousands):

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Principal

 

$

213,191

 

 

$

207,801

 

Unamortized issuance cost

 

 

(32,633

)

 

 

(34,042

)

Net carrying amount

 

$

180,558

 

 

$

173,759

 

2025 Notes and Convertible Notes [Member]  
Debt Instrument [Line Items]  
Interest Expense Recognized Related to Convertible Notes

The following table sets forth the interest expense recognized related to the 2025 Notes (in thousands):

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Contractual interest expense

 

$

261

 

 

$

1,304

 

 

$

523

 

 

$

2,610

 

Amortization of debt issuance costs

 

 

65

 

 

 

314

 

 

 

129

 

 

 

621

 

Total interest expense

 

$

326

 

 

$

1,618

 

 

$

652

 

 

$

3,231

 

2025 Notes and Convertible Notes [Member] | Debt, Liability Component [Member]  
Debt Instrument [Line Items]  
Net Carrying Amount of Convertible Debt

The net carrying amount of the liability component of the 2025 Notes was as follows (in thousands):

 

 

 

June 30,

 

 

December 31,

 

 

 

2024

 

 

2023

 

Principal

 

$

38,038

 

 

$

38,038

 

Unamortized issuance cost

 

 

(197

)

 

 

(326

)

Net carrying amount

 

$

37,841

 

 

$

37,712