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DEBT (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Convertible Debt
The carrying amounts of the Company’s 2029 Notes were as follows (in thousands):
September 30, 2024December 31, 2023
Principal amount
$661,250 $— 
Unamortized debt issuance costs
(15,429)— 
Carrying amount of senior convertible notes due 2029
$645,821 $— 
Schedule of Components of Interest Expense and the Effective Interest Rates
The following table summarizes the components of interest expense and the effective interest rate for the 2029 Notes for the periods shown (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Contractual coupon interest
$2,535 $— $5,731 $— 
Amortized debt issuance costs
738 — 1,890 — 
Total interest expense recognized on senior convertible notes due 2029
$3,273 $— $7,621 $— 
Effective interest rate
2.0 %— %2.0 %— %