v3.26.1
Restructuring
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Restructuring
During the three months ended June 30, 2026, the Company initiated restructuring activities aimed at improving organizational efficiency and reducing ongoing operational costs. These restructuring actions have resulted in reductions in workforce across various functions.

During the three months ended June 30, 2026, the Company incurred approximately $3.1 million in connection with these activities which was recorded within General and administrative expense within the Consolidated Statements of Operations and Comprehensive (Loss) Income. These restructuring costs are primarily comprised of amounts that will be paid in cash for severance and related benefit costs. As of June 30, 2026, a restructuring liability of $3.1 million was outstanding which is reflected in Accrued liabilities on the Consolidated Balance Sheet.

The Company estimates that it will incur additional costs of approximately $17.0 million to $22.0 million related to this initiative through its completion in 2027. These costs are expected to primarily relate to employee severance and payments on contractual arrangements that the Company plans to abandon prior to the end of their contractual term.