v3.26.1
Restructuring Costs
3 Months Ended
Mar. 31, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Costs Restructuring Costs
August 2025 Restructuring Plan
In August 2025, our board of directors authorized a reduction of our global workforce as part of a restructuring plan intended to optimize our cost structure and focus our investment of resources in key priority areas to align with strategic changes (August 2025 Restructuring Plan). As part of the August 2025 Restructuring Plan, we reduced headcount throughout both our professional services and technology segments. The restructuring costs primarily related to severance and other team member costs from workforce reductions. Our restructuring activities as part of the August 2025 Restructuring Plan were complete by March 31, 2026.
Restructuring liabilities related to the August 2025 Restructuring Plan are included as a component of accrued liabilities on our consolidated balance sheets. The following table summarizes our August 2025 Restructuring Plan restructuring-related activities, including costs incurred, cash payments, and the resulting liability balances (in thousands):
Restructuring Liability Rollforward
Balance as of December 31, 2025
$704 
Severance and other restructuring costs
1,791 
Cash payments(963)
Balance as of March 31, 2026
$1,532 
The following table summarizes our August 2025 Restructuring Plan costs by financial statement line item for the year ended three months ended March 31, 2026 and the total cumulative charges (in thousands):
Three Months Ended March 31, 2026
Severance and Other Team Member Costs
Other(1)
Total
Cost of revenue, excluding depreciation and amortization:
Technology$— $— $— 
Professional services302 — 302 
Sales and marketing109 — 109 
Research and development100 — 100 
General and administrative987 293 1,280 
Total $1,498 $293 $1,791 
August 2025 Restructuring Plan final, cumulative charges incurred through March 31, 2026
$6,823 $742 $7,565 
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(1)Includes legal and advisory fees related to shareholder activism defense costs regarding our former CEO’s retirement and transition in the first quarter of 2026 and significant board of director refreshment that are non-recurring and outside the ordinary course of our business.
January 2025 Restructuring Plan
In January 2025, our board of directors authorized a reduction of our global workforce as part of a restructuring plan intended to optimize our cost structure and focus our investment of resources in key priority areas to align with strategic changes (January 2025 Restructuring Plan). As part of the January 2025 Restructuring Plan, we reduced headcount throughout both our professional services and technology segments. The restructuring costs primarily related to severance and other team member costs from workforce reductions. Our restructuring activities as part of the January 2025 Restructuring Plan were complete by June 30, 2025 and as of December 31, 2025, the related restructuring liabilities were completely settled through cash outlays made to impacted team members.
The following table summarizes our 2025 Restructuring Plan costs by financial statement line item for the three months ended March 31, 2025 and total cumulative charges (in thousands):
Three Months Ended March 31, 2025
Total Severance and Other Team Member Costs
(unaudited)
Cost of revenue, excluding depreciation and amortization:
Technology$401 
Professional services998 
Sales and marketing352 
Research and development1,671 
General and administrative136 
Total $3,558 
January 2025 Restructuring Plan final, cumulative charges incurred through June 30, 2025
$3,939