v3.26.3
RESTRUCTURING AND ASSET IMPAIRMENT
9 Months Ended
Sep. 30, 2026
Restructuring and Related Activities [Abstract]  
RESTRUCTURING AND ASSET IMPAIRMENT RESTRUCTURING AND ASSET IMPAIRMENT
2026 Restructuring Plan
In January 2026, the Company implemented a restructuring plan (the “2026 Restructuring Plan”) designed to better align its workforce and cost structure with its business needs, strategic priorities and ongoing commitment to profitable growth.
The following table presents the details of the Company’s restructuring under the 2026 Restructuring Plan:
Three Months Ended
September 30,
Nine Months Ended
September 30,
20262026
(In thousands)
Employee severance and benefits $(64)$4,381 
Contract termination charges12 312 
Asset impairment— 40 
Total restructuring and asset impairment$(52)$4,733 
The following table provides information regarding changes in the Company’s accrued restructuring balances under the 2026 Restructuring Plan for the periods indicated:
Employee Severance and BenefitsContract Termination Charges Asset ImpairmentTotal
(In thousands)
Balance as of December 31, 2025$— $— $— $— 
Charges4,381 312 40 4,733 
Cash payments and receipts, net(4,178)(302)— (4,480)
Non-cash settlement and other(152)— (40)(192)
Balance as of September 30, 2026$51 $10 $— $61