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Debt (Tables)
 9 Months Ended
Sep. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt Obligations and Interest Expense Related to Convertible Debt
Outstanding debt obligations as of September 30, 2024 were as follows (in thousands):
Maturities
Interest Rates as of September 30, 2024
September 30, 2024December 31, 2023
Convertible senior notes due 2025 (the "2025 Notes")
May 20251.50%$389,773 $743,486 
Convertible senior notes due 2029 (the "2029 Notes")
March 2029
0.625%449,489 — 
Non-revolving Loan2026
7.61%
729 3,115 
Master Vehicle Loan2024 - 2027
3.35% - 7.10%
164,408 118,559 
Total long-term debt, including current maturities$1,004,399 $865,160 
Less: Convertible senior notes, current (1)
389,773 — 
Less: Long-term debt, current (2)
40,151 25,798 
Total long-term debt$574,475 $839,362 
_______________
(1)This balance is included within convertible senior notes, current on the condensed consolidated balance sheets.
(2)This balance is included within accrued and other current liabilities on the condensed consolidated balance sheets and is primarily related to vehicles.
The following table sets forth the primary components of interest expense as reported on the condensed consolidated statements of operations (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Contractual interest expense related to the 2025 Notes and 2029 Notes$2,200 $2,803 $6,997 $8,409 
Amortization of debt discount and issuance costs related to the 2025 Notes and 2029 Notes989 908 2,744 2,598 
Vehicle loans and other interest expense4,173 2,498 12,521 6,786 
Interest expense$7,362 $6,209 $22,262 $17,793 
Schedule of Convertible Notes
The net carrying amounts of the Notes were as follows (in thousands):
September 30, 2024December 31, 2023
2025 Notes
Principal$390,719 $747,498 
Unamortized debt discount and debt issuance costs(946)(4,012)
Net carrying amount of liability component$389,773 $743,486 
2029 Notes
Principal$460,000 $— 
Unamortized debt discount and debt issuance costs(10,511)— 
Net carrying amount of liability component$449,489 $— 
Schedule of Maturities of Long-Term Debt Outstanding
Maturities of long-term debt outstanding, including current maturities, as of September 30, 2024 were as follows (in thousands):    
Remainder of 2024$8,134 
2025430,328 
202667,609 
202748,839 
2028— 
Thereafter449,489 
Total long-term debt outstanding$1,004,399