Restructuring and Other Charges

3 Months Ended

Mar. 31, 2024

Restructuring and Related Activities [Abstract]

Restructuring and Other Charges

9. Restructuring and Other Charges

The 2021 global strategic plan concluded in the third quarter of 2023. As a result, the Company did not incur any restructuring charges during the three months ended March 31, 2024.

During the three months ended March 31, 2023, the Company incurred costs of approximately $1.7 million under the 2021 global strategic plan. These charges primarily consist of office moves, site cleanup, preparation costs, and consulting and legal fees.

The following table summarizes the changes to our accrued liability balance related to restructuring and other charges as of March 31, 2024 (in thousands):

	Total
Beginning balance at January 1, 2024	$	630
Additions for costs expensed		-
Reductions for payments		(600	)
Other		(30	)
Ending balance at March 31, 2024	$	0