Restructuring costs are not allocated to the Company’s reportable segments as they are not part of the segment performance measures regularly reviewed by management. These charges are included in restructuring costs in the consolidated statements of operations and comprehensive income (loss). Liabilities associated from restructuring costs are recorded in accrued liabilities on the consolidated balance sheets.

In November 2025, the Company implemented a restructuring plan (the “2025 Restructuring Plan”) designed to optimize its organizational structure, including the elimination of several positions and the consolidation of administrative functions. Planned pre-tax charges associated with the 2025 Restructuring Plan are expected to total $3,000, consisting entirely of employee severance costs. Restructuring costs associated with the 2025 Restructuring Plan totaled $2,235 for the year ended December 31, 2025.

The Company’s prior restructuring plans adopted in 2021 and 2022 (the “Prior Restructuring Plans”) focused on aligning its organizational and management cost structure to improve profitability and cash flow. There was a restructuring expense reversal of $52 during the year ended December 31, 2024 and restructuring expenses of $840 during the year ended December 31, 2023.


	Prior Restructuring Plans		2025 Restructuring Plan		Total
Balance at December 31, 2023	$	1,316	$	—	$	1,316
Expense reversal	(52)		—		(52)
Payments made	(1,139)		—		(1,139)
Balance at December 31, 2024	125		—		125
Expenses incurred	—		2,235		2,235
Payments made	(125)		(798)		(923)
Balance at December 31, 2025	$	—	$	1,437	$	1,437