v3.26.1
Accrued Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Accrued Liabilities  
Schedule of Accrued Liabilities

Accrued liabilities consist of the following (in thousands):

June 30, 2026

December 31, 2025

Marketing Funds (a)

$

22,060

$

26,427

Accrued payroll and related employee costs

7,298

12,448

Accrued taxes

790

1,566

Accrued professional fees (b)

14,994

1,655

Settlements payable (c)

63,500

55,167

Other

4,048

3,664

$

112,690

$

100,927

(a)Consists primarily of liabilities recognized to reflect the contractual restriction that all funds collected in the Marketing Funds must be spent for designated purposes. See Note 2, Summary of Significant Accounting Policies, for additional information.
(b)Includes transaction-related expenses incurred in connection with the Merger which primarily consist of legal, advisory, and other professional service fees. See Note 2, Summary of Significant Accounting Policies, for additional information.
(c)Represents the settlement payable as part of the settlements of certain industry class-action lawsuits and other legal settlements. See Note 11, Commitments and Contingencies, for additional information.
Schedule of restructure by type of cost

The following table presents a roll forward of the severance and related costs liability related to a prior restructuring of the Company’s business, which is in “Accrued payroll and related employee costs” in the table above (in thousands):

Balance January 1, 2026

$

1,321

Severance and other related expenses

320

Cash payments and other

(1,488)

Balance, June 30, 2026

$

153