v3.26.1
Restructuring (Tables)
 6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring and Related Costs
Other restructuring charges under the Restructuring Plan recorded by the Company consisted of the following (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2026202520262025
Severance and employee benefit costs$1,969 $4,218 7,065 4,723 
Impairment of long-lived assets2,108 348 2,374 348 
Total other restructuring charges (1)
$4,077 $4,566 $9,439 $5,071 
(1)    Restructuring charges of $2.9 million and $1.2 million are included in Research and development and Selling, general, and administrative expenses, respectively, for the three months ended June 30, 2026, and restructuring charges of $1.6 million and $3.0 million are included in Research and development and Selling, general, and administrative expenses, respectively, for the three months ended June 30, 2025. Restructuring charges of $6.7 million and $2.7 million are included in Research and development and Selling, general, and administrative expenses, respectively, for the six months ended June 30, 2026, and restructuring charges of $1.6 million and $3.5 million are included in Research and development and Selling, general, and administrative expenses, respectively, for the six months ended June 30, 2025.
Summary of the Activity within the Accrued Severance and Employee Benefits Liability The following table summarizes the activity within the accrued severance and employee benefits liability, which is included in Accrued expenses in the Company’s consolidated balance sheets as of June 30, 2026 (in thousands):
Amount
Balance at December 31, 2025$670 
Severance and employee benefit costs7,065 
Cash payments
(6,966)
Balance at June 30, 2026$769