v3.26.1
Restructuring Charges
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Restructuring Charges Restructuring Charges
In June 2026, management approved a plan aimed at reducing costs, streamlining operations, and optimizing resources, which included headcount reductions and the wind down of an immaterial business. The total costs associated with this plan are expected to be approximately $7.0 million. During the three and six months ended June 30, 2026, the Company recognized restructuring charges, primarily consisting of severance, totaling $6.1 million, of which $3.4 million and $2.7 million is included in general and administrative expenses and cost of net revenue, respectively, in the accompanying consolidated statements of operations. A $5.7 million liability related to this plan is included in accounts payable and accrued expenses in the accompanying consolidated balance sheets as of June 30, 2026. The actions regarding the headcount reductions were substantially complete as of June 30, 2026. The Company expects the actions related to the wind down of an immaterial business to be completed by the fourth quarter of 2027.