| Schedule of Debt |
The following table provides information regarding the Company’s debt: | | | | | | | | | | | | | March 31,
2025 | | December 31,
2024 | | | | | | (In thousands) | | Convertible notes | | | | | Notes due 2028 | $ | 575,000 | | | $ | 575,000 | | | | | | | Less: unamortized debt issuance costs | (3,786) | | | (4,102) | | | Carrying amount of Notes due 2028 | 571,214 | | | 570,898 | | | | | | | Notes due 2026 | 632,500 | | | 632,500 | | | | | | | Less: unamortized debt issuance costs | (1,823) | | | (2,309) | | | Carrying amount of Notes due 2026 | 630,677 | | | 630,191 | | | | | | | Notes due 2025 | — | | | 102,168 | | | | | | | Less: unamortized debt discount | — | | | (803) | | | Less: unamortized debt issuance costs | — | | | (74) | | | Carrying amount of Notes due 2025 | — | | | 101,291 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total carrying amount of debt | 1,201,891 | | | 1,302,380 | | | | | | | Less: debt, current | (630,677) | | | (101,291) | | | Debt, non-current | $ | 571,214 | | | $ | 1,201,089 | |
The following table presents the total amount of interest cost recognized in the consolidated statement of operations relating to the Company’s notes: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
March 31, | | 2025 | | 2024 | | | | | | | | | | | | | | | | | | Notes due 2028 | | Notes due 2026 | | Notes due 2025 | | | | Notes due 2028 | | Notes due 2026 | | Notes due 2025 | | | | | | | | | | | | | | | | | | | | (In thousands) | | Contractual interest expense | $ | — | | | $ | — | | | $ | 43 | | | | | $ | — | | | $ | — | | | $ | 64 | | | | | Amortization of debt discount | — | | | — | | | 803 | | | | | — | | | — | | | 1,177 | | | | | Amortization of debt issuance costs | 316 | | | 485 | | | 75 | | | | | 326 | | | 503 | | | 126 | | | | | Total interest cost recognized | $ | 316 | | | $ | 485 | | | $ | 921 | | | | | $ | 326 | | | $ | 503 | | | $ | 1,367 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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