RESTRUCTURING |
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RESTRUCTURING | RESTRUCTURING During the three and six months ended June 30, 2025, the Company recognized restructuring costs related to certain departmental reorganizations totaling $1.5 million and $3.0 million, respectively. During the three months ended March 31, 2024, the Company recognized restructuring costs relating to a reduction-in-force totaling $2.2 million. There were no restructuring costs recognized during the three months ended June 30, 2024. One-time termination benefits provided in either case included severance, continuation of health insurance coverage and other benefits for a specified period of time. Restructuring costs have been recognized in the accompanying consolidated statement of operations as follows:
At June 30, 2025, a payable of $1.4 million related to restructuring costs was included in " " in the accompanying consolidated balance sheet.
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