v3.26.1
Restructuring (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
Restructuring costs related to the 2025 Restructuring and Transformation Plan for the three and six months ended June 30, 2026 and from the inception of the plan through June 30, 2026 were as follows (in thousands):
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
From Inception Through June 30, 2026
Workforce reduction$657 $1,143 $2,113 
Impairment loss on right-of-use asset(1)
— — 901 
Other transformation costs664 2,369 3,036 
Total restructuring costs$1,321 $3,512 $6,050 
________________
(1) The impairment loss relates to the Company’s exit from its corporate headquarters facility.
The following table presents the restructuring costs as reported in the consolidated statements of operations and comprehensive loss for the three and six months ended June 30, 2026 (in thousands):
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
Restructuring Costs
Cost of revenue$135 $372 
Research and development12 167 
Sales and marketing355 1,756 
General and administrative819 1,217 
Total$1,321 $3,512 
Schedule of Share-based Payment Arrangement, Expensed and Capitalized, Amount
Stock-based compensation expense included in the condensed consolidated statements of operations and comprehensive loss was as follows (in thousands):
Three Months Ended June 30,
Six Months Ended June 30,
2026202520262025
Cost of revenue
$531 $432 $989 $852 
Research and development
3,426 3,272 6,307 6,739 
Sales and marketing
2,090 1,881 3,733 3,678 
General and administrative
3,109 1,719 5,028 3,394 
Total stock-based compensation expense
$9,156 $7,304 $16,057 $14,663 
The following table presents the stock-based compensation costs related to the Company’s restructuring activity as reported in the condensed consolidated statement of operations and comprehensive loss for the three and six months ended June 30, 2026 (in thousands):
Three Months Ended June 30, 2026Six Months Ended June 30, 2026
Stock-based Compensation
Sales and marketing$39 $105 
General and administrative358 481 
Total$397 $586 
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes liabilities incurred under the 2025 Restructuring and Transformation Plan that are included in accounts payable, accrued expenses and other current liabilities on the condensed consolidated balance sheet (in thousands):
Workforce ReductionTransformationTotal
Balance as of December 31, 2025
$510 $165 $675 
Charges incurred1,143 2,369 3,512 
Noncash charges(118)(740)(858)
Cash payments during the period(847)(1,612)(2,459)
Balance as of June 30, 2026
$688 $182 $870