v3.25.2
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2025
Restructuring and Related Activities [Abstract]  
Summary of Restructuring Activity

The following table summarizes the components of the Company’s restructuring activity recorded in operating expenses and in accrued expenses in the accompanying condensed consolidated balance sheet:

 

(in thousands)

 

Restructuring amounts accrued at December 31, 2024

 

 

Restructuring expense incurred during the six months ended June 30, 2025

 

 

Restructuring amounts paid during the six months ended June 30, 2025

 

 

Restructuring amounts accrued at June 30, 2025

 

Employee severance, benefits and related costs

 

$

—

 

 

$

9,457

 

 

$

(3,641

)

 

$

5,816

 

Contract termination costs

 

 

—

 

 

 

2,481

 

 

 

(1,005

)

 

 

1,476

 

Total restructuring

 

$

—

 

 

$

11,938

 

 

$

(4,646

)

 

$

7,292