On April 28, 2026, the Company approved a strategic restructuring plan (the “Plan”) to improve operational efficiencies and better position the Company for long-term sustainability and success. The Plan included a reduction of the Company’s workforce, which was completed by June 30, 2026. During the nine months ended September 30, 2026, the Company recognized restructuring charges of $1.5 million related to the Plan, consisting primarily of severance payments and related costs.

A summary of the costs incurred and amounts accrued during the nine months ended September 30, 2026 is as follows.


	Severance and employee related
Balance at December 31, 2025	$	—
Restructuring costs	1,491
Amounts paid	(1,481)
Balance at September 30, 2026	$	10

Total restructuring costs recognized in the condensed consolidated statements of operations during the nine months ended September 30, 2026 were as follows (in thousands):




Cost of revenues	$	261
Technology and development	64
Sales and marketing	1,141
General and administrative	25
Total restructuring costs	$	1,491