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Long-term debt, net (Tables)
12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Long-term Debt, Net
The following table sets forth the Company’s long-term debt, net:
December 31,
 20222021
 0% Convertible Senior Notes (a)
$565,509 $562,216 
Credit facility (b)
— — 
 $565,509 $562,216 
Schedule of the Convertible Notes
The net carrying amount of the liability and equity components of the Convertible Notes (see note 2(z) for additional information) as of December 31, 2022 and 2021 are as follows:
December 31,
20222021
Liability component, net:
Principal amount$575,000 $575,000 
Unamortized issuance costs(9,491)(12,784)
Net carrying amount of liability component (1)$565,509 $562,216 
(1)    An effective interest rate determines the fair value of the Notes, therefore they are categorized as Level 3 in accordance with ASC 820, "Fair Value Measurements and Disclosures." The estimated fair value of the Net
carrying amount of liability component of the Notes as of December 31, 2022 and 2021 were $455,091 and $467,469, respectively.

Finance expense related to the Notes were as follows:
Year ended December 31,
202220212020
Amortization of debt issuance costs
$3,293 $3,339 $333 
Amortization of debt discount
$— $— $3,605 
Total finance expense recognized
$3,293 $3,339 $3,938