Quarterly report [Sections 13 or 15(d)]

Long-Term Debt (Tables)

v3.26.1
Long-Term Debt (Tables)
3 Months Ended
Mar. 31, 2026
Long-Term Debt  
Schedule of components of convertible notes

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​

​

​

​

​

Convertible Senior Notes due January 2031

​

March 31, 2026

​

December 31, 2025

​

​

​

​

​

Notes issued at face value

​

120,000

​

120,000

​

​

​

​

​

Unamortized debt discount

​

(47,358)

​

(48,375)

Unamortized debt issuance costs (debt discount)

​

(5,078)

​

(5,204)

​

​

​

​

​

Long-term debt, net

​

67,564

​

66,421

​

​

​

​

​

​

​

​

Convertible Senior Notes due January 2031

​

Carrying Value

​

Fair Value (1)

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Valuation Level

​

​

​

​

​

​

​

Balance, December 31, 2025

​

66,421

​

137,672

​

Level 3

​

​

​

​

​

​

​

Amortization of debt discount

​

1,459

​

​

​

​

Foreign exchange loss (gain)

​

(316)

​

​

​

​

​

​

​

​

​

​

​

Balance, March 31, 2026

​

67,564

​

138,343

​

Level 3

​

​

​

​

​

​

​

(1) The reported fair value of Convertible Notes relates to the entire debt instrument inclusive of the fair value associated with the related Conversion Option Derivative that has been bifurcated and accounted for separately.  Refer to note 15 for fair value information related to the Conversion Option Derivative.