v3.26.1
Restructuring and Related Charges (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Liabilities

The following table summarizes the change in the Company’s restructuring and other related liabilities for the six months ended June 30, 2026 (in thousands):

 

 

 

Severance
and other
employee-
related
benefits(1)

 

 

Facility
Costs

 

 

Other(2)

 

 

Total

 

Balance at December 31, 2025

 

$

2,916

 

 

$

—

 

 

$

—

 

 

$

2,916

 

Restructuring and related charges

 

 

1,847

 

 

 

3,345

 

 

 

700

 

 

 

5,892

 

Cash payments

 

 

(4,304

)

 

 

(3,345

)

 

 

(700

)

 

 

(8,349

)

Balance at June 30, 2026

 

$

459

 

 

$

—

 

 

$

—

 

 

$

459

 

 

(1)
Restructuring liabilities are recorded in accrued liabilities on the condensed consolidated balance sheets. Substantially all severance and other employee-related benefits related to ongoing benefit arrangements and were recorded pursuant to ASC 712, Termination and Other Postemployment Benefits.
(2)
Other restructuring liabilities are comprised mainly of sublease commissions and are recorded in other accrued liabilities on the condensed consolidated balance sheets.