During the three months ended September 30, 2026, the Company committed to a restructuring plan (the "2026 Restructure") to further improve operational efficiencies and realign the current workforce with the Company's on-going cost structure. The 2026 Restructure charges are recorded within Restructuring Charges on the accompanying condensed consolidated statement of operations, and are primarily comprised of severance payments, costs associated with the exit of the Sydney, Australia leased office space, software contract costs, professional services, and other related costs. Within the condensed consolidated balance sheet, the liability for severance benefits and professional services of $2.5 million as of September 30, 2026 is recorded to other current liabilities and $0.3 million of contract costs are recorded to accrued liabilities.

The Company expects to incur additional restructuring charges of approximately $5.4 million to $10.9 million in connection with the 2026 Restructure, of which approximately $3.5 million to $7.5 million is expected to be recognized in the fourth quarter of fiscal 2026 and the remainder in fiscal 2027. These charges are expected to consist of employee-related costs, including severance and retention benefits, costs associated with the exit of certain facilities, software contract costs, professional services, and other related costs. The additional expenses the Company expects to incur are subject to assumptions, and actual expenses may differ from the estimates disclosed above.

The following table summarizes the activities related to the Company's 2026 Restructure:


	As of September 30, 2026
(in thousands)	Workforce reduction			Real estate charges			Software Contract Costs			Other Restructuring Charges		Total
Liability, beginning of the period	$	0		$	0		$	0		$	0	$	0
Additional charges		2,598			625			475			68		3,766
Payments		0			0			0			0		0
Non-cash items		(147	)		(625	)		(148	)		0		(920	)
Liability, end of the period	$	2,451		$	0		$	327		$	68	$	2,846

2025 Restructure

During fiscal 2025, the Company committed to a restructuring plan (the “2025 Restructure”).

During the three and nine months ended September 30, 2026, the Company recorded charges of $0.3 million and $1.2 million, respectively, related to the 2025 Restructure within Restructuring charges on the accompanying condensed consolidated statement of operations. The remaining liability of $1.3 million related to the 2025 Restructure is included in other current liabilities on the condensed consolidated balance sheet as of September 30, 2026.

The Company expects to incur additional costs of approximately $0.8 million to $1.8 million relating to the 2025 Restructure, of which approximately $0.5 million to $1.1 million is expected to be recognized in the fourth quarter of fiscal 2026 and the remainder in fiscal 2027. These charges are expected to consist of relocation and retention benefits and professional services costs. The additional expenses the Company expects to incur are subject to assumptions, and actual expenses may differ from the estimates disclosed above.

The following table summarizes the activities related to the Company's 2025 Restructure:


	As of September 30, 2026												As of December 31, 2025
(in thousands)	Workforce reduction			Contract Costs and Internal Use Software			Other Restructuring Charges			Total			Workforce reduction			Contract Costs and Internal Use Software			Other Restructuring Charges			Total
Liability, beginning of the period	$	5,183		$	548		$	240		$	5,971		$	0		$	0		$	0		$	0
Additional charges		741			0			429			1,170			5,368			766			1,300			7,434
Payments		(4,720	)		(548	)		(614	)		(5,882	)		(12	)		0			(1,060	)		(1,072	)
Non-cash items		0			0			0			0			(173	)		(218	)		0			(391	)
Liability, end of the period	$	1,204		$	0		$	55		$	1,259		$	5,183		$	548		$	240		$	5,971