v3.26.1
Restructuring (Tables)
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
Other restructuring charges under the Restructuring Plan recorded by the Company consisted of the following (in thousands):
Three Months Ended
March 31,
20262025
Severance and employee benefit costs$5,096 $505 
Impairment of long-lived assets266 — 
Total other restructuring charges (1)
$5,362 $505 
(1)    Restructuring charges of $3.8 million and $1.6 million are included in Research and development and Selling, general, and administrative expenses, respectively, in the Consolidated Statements of Operations for the three months ended March 31, 2026. Restructuring charges of $0.5 million are included in Selling, general, and administrative expenses in the Consolidated Statements of Operations for the three months ended March 31, 2025.
Summary of the Activity within the Accrued Severance and Employee Benefits Liability The following table summarizes the activity within the accrued severance and employee benefits liability, which is included in "Accrued expenses" in the Company’s consolidated balance sheets as of March 31, 2026 (in thousands):
Amount
Balance at December 31, 2025$670 
Severance and employee benefit costs5,096 
Cash payments
(759)
Balance at March 31, 2026$5,007