The following table summarizes the Company’s debt obligations as of March 31, 2024 (in thousands):


	Remainder of 2024		2025		2026		Total
Debt obligations	$	63,459	$	—	$	300,276	$	363,735

Schedule of Components of Convertible Senior Notes

The 2026 Notes consist of the following (in thousands):


	As of			As of
	March 31, 2024			December 31, 2023
Liability component:
Principal	$	300,276		$	300,276
Less: debt discount, net of amortization		(3,287	)		(3,715	)
Net carrying amount	$	296,989		$	296,561

Summary of Fair Value and Carrying Value of Convertible Senior Notes

The fair value of the 2026 Notes, which was determined based on inputs that are observable in the market or that could be derived from, or corroborated with, observable market data, quoted price of the 2026 Notes in an over-the-counter market (Level 2), and carrying value of debt instruments were as follows (in thousands):


	As of March 31, 2024				As of December 31, 2023
	Fair Value		Carrying Value		Fair Value		Carrying Value
2026 Notes	$	293,520	$	296,989	$	260,114	$	296,561

Schedule of Components of Convertible Senior Notes

The 2024 Notes consist of the following (in thousands):


	As of			As of
	March 31, 2024			December 31, 2023
Liability component:
Principal	$	63,459		$	63,459
Less: debt discount, net of amortization		(258	)		(349	)
Net carrying amount	$	63,201		$	63,110

Summary of Fair Value and Carrying Value of Convertible Senior Notes

The fair value of the 2024 Notes, which was determined based on inputs that are observable in the market or that could be derived from, or corroborated with, observable market data, quoted price of the 2024 Notes in an over-the-counter market (Level 2), and carrying value of debt instruments were as follows (in thousands):


	As of March 31, 2024				As of December 31, 2023
	Fair Value		Carrying Value		Fair Value		Carrying Value
2024 Notes	$	61,873	$	63,201	$	58,670	$	63,110