v3.26.1
RESTRUCTURING CHARGE
12 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
RESTRUCTURING CHARGE RESTRUCTURING CHARGE
The Company recorded restructuring charges in the amount of $195 and $1,522 (which were included in the “Restructuring charge” line item in the accompanying consolidated statements of operations) during the years ended December 31, 2025 and 2024, respectively.
The restructuring charges during the year ended December 31, 2025 were primarily related to reorganization and consolidation activities in the Consumer Products segment and Corporate and All Other category, which consisted of reductions in workforce.
The restructuring charges during the year ended December 31, 2024 were primarily related to reorganization and consolidation activities in the Lingo segment and Consumer Products segment, which consisted of reductions in workforce.
The following table summarizes the changes in accrued restructuring charge during the years ended December 31, 2025 and 2024:
Year Ended December 31,
20252024
Balance, beginning of year$1,316 $2,540 
Restructuring charge195 1,522 
Cash paid(930)(2,158)
Non-cash items(220)(588)
Balance, end of year$361 $1,316 
The following table summarizes the restructuring activities by reportable segment during the years ended December 31, 2025 and 2024:
LingoConsumer ProductsCorporate & All OtherTotal
Restructuring charges for the year ended December 31, 2025:
Employee termination costs$— $(90)$285 $195 
Total restructuring charge$— $(90)$285 $195 
Restructuring charges for the year ended December 31, 2024:
Employee termination costs$379 $1,143 $— $1,522 
Total restructuring charge$379 $1,143 $— $1,522