RESTRUCTURING ACTIVITIES |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Restructuring and Related Activities [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RESTRUCTURING ACTIVITIES | RESTRUCTURING ACTIVITIES Restructuring Plans On April 1, 2026, in connection with the acquisition of PathFactory, the Company implemented a restructuring plan (the "PathFactory Restructuring Plan") to integrate the acquired operations into the Company's existing organizational structure and streamline operations. As part of the PathFactory Restructuring Plan, approximately 50% of the employees of the acquired business were terminated. During the three months ended June 30, 2026, the Company recorded restructuring expenses of $713, primarily related to employee termination benefits. On May 7, 2026, the Company approved a cost-reduction and re-organization plan that included, among other things, downsizing approximately 5% of the Company's workforce (the "2026 Reorganization Plan" and together with PathFactory Restructuring Plan, the "2026 Restructuring Plans"). During the three months ended June 30, 2026, the Company recorded restructuring expenses of $560, primarily related to employee termination benefits. These charges were recorded within restructuring expenses in the Company's condensed consolidated statements of operations and were not included as part of the consideration transferred or the allocation of the purchase price related to the acquisition. Restructuring Accruals The following table is a reconciliation of the beginning and ending restructuring liability for the three months ended June 30, 2026:
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