Restructuring charges |
3 Months Ended |
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Mar. 31, 2026 | |
| Restructuring and Related Activities [Abstract] | |
| Restructuring charges | 14. Restructuring charges 2024 Restructuring— On September 11, 2024, the Company committed to a restructuring plan aimed at driving greater operational efficiencies through the reduction of organizational layers, optimization of the Company’s go-to-market organization, and relocating certain roles to lower cost locations (collectively, the “2024 Restructuring”). The 2024 Restructuring impacted approximately 280 of the Company’s global workforce, primarily those located in higher-cost regions, such as the United States, as well as those within the Company’s sales and marketing and research and development functions. Of those impacted, approximately 57% had no future substantive service requirement as of the communication date, while the remaining population provided services as employees during retention periods to assist with transition and training that were substantially completed by March 31, 2025. As a result, the Company recognized total restructuring charges of $18.3 million from the third quarter of 2024 through the second quarter of 2025. The majority of the charges recognized were personnel-related costs, consisting of one-time severance payments, salary and wages earned over required retention periods, and other benefits. Restructuring charges are presented as separate operating expenses within the Company’s condensed consolidated statements of operations. During the three months ended March 31, 2025, the Company recognized $1.5 million in restructuring charges and made $5.3 million in cash payments and other settlements. The 2024 Restructuring was completed during the third quarter of 2025. Therefore, there were no restructuring liabilities recorded in accrued compensation and benefits in the accompanying condensed consolidated balance sheets as of March 31, 2026 and December 31, 2025.
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