v3.26.1
Restructuring (Tables)
6 Months Ended
Jun. 30, 2026
Restructuring and Related Activities [Abstract]  
Summary of Restructuring and Related Costs The Company’s restructuring charges by segment and unallocated corporate costs, which are recorded as restructuring expenses on the condensed consolidated statements of operations, were as follows (in thousands):
Six Months Ended June 30, 2026
Severance and Other Employee Costs (Benefit)
Non-Employee Contract Costs
Asset Impairments
Professional Fees
Total
TriLink$(422)$1,979 $422 $— $1,979 
Cygnus(3)— — — (3)
Corporate(23)— — 892 869 
Total$(448)$1,979 $422 $892 $2,845 
Summary of Restructuring Reserve by Type of Cost
The following table summarizes the activity for accrued restructuring costs, which is recorded within accrued expenses and other current liabilities on the condensed consolidated balance sheets, as of the periods presented (in thousands):
Severance and Other Employee Costs (Benefit)
Non-Employee Contract Costs
Asset Impairments
Professional FeesTotal
Balance as of December 31, 2025$2,042 $— $— $176 $2,218 
Charges (benefit)
(448)1,979 422 892 2,845 
Non-cash benefit (charges)
248 — (422)— (174)
Cash payments(1,562)(300)— (998)(2,860)
Balance as of June 30, 2026$280 $1,679 $— $70 $2,029