During the three months ended September 30, 2024, the Company commenced a restructuring plan (the “2024 Restructure”) intended to reinvest in product delivery and increase sales capacity, to reduce operating costs, improve operating margins and continue to advance the Company's ongoing commitment to profitable growth and rebranding. During the three and six months ended June 30, 2025, the Company incurred restructuring charges, consisting primarily of severance benefits, accelerated depreciation, and professional services costs. Within the condensed consolidated balance sheet, the liability for severance benefits of $1.3 million and $1.7 million as of June 30, 2025 and December 31, 2024, respectively, are recorded to other current liabilities. Professional services costs of $0.5 million as of June 30, 2025 and December 31, 2024, are recorded in accounts payable and other current liabilities. These charges were recorded within Restructuring Charges on the accompanying condensed consolidated statement of operations.

The Company expects to incur additional costs relating to the 2024 Restructure of approximately $0.6 million to $1.8 million through fiscal 2025 relating to contract terminations and professional services costs. The additional expenses the Company expects to incur are subject to assumptions, and actual expenses may differ from the estimates disclosed above.

The following table summarizes the activities related to the Company's 2024 restructuring charges:


	As of June 30, 2025												As of December 31, 2024
(in thousands)	Workforce reduction			Real Estate and Internal Use Software			Other Restructuring Charges			Total			Workforce reduction			Real Estate and Internal Use Software			Other Restructuring Charges			Total
Liability, beginning of the period	$	1,748		$	184		$	480		$	2,412		$	1,516		$	0		$	0		$	1,516
Additional charges		1,319			1,178			1,029			3,526			6,971			262			3,899			11,132
Real estate and internal-use software charges		0			0			0			0			0			3,533			0			3,533
Gain on lease termination		0			0			0			0			0			(988	)		0			(988	)
Payments		(1,814	)		(116	)		(1,040	)		(2,970	)		(6,674	)		(73	)		(3,419	)		(10,166	)
Non-cash items		0			(1,119	)		0			(1,119	)		(65	)		(2,550	)		0			(2,615	)
Liability, end of the period	$	1,253		$	127		$	469		$	1,849		$	1,748		$	184		$	480		$	2,412