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Restructuring Charges
3 Months Ended
Mar. 31, 2014
Restructuring Charges.  
Restructuring Charges

Note 7.         Restructuring Charges

 

During 2013 the Company initiated reductions in force to control costs and improve the focus of its operations in order to achieve future profitability and conserve cash. As of December 31, 2013, less than $0.1 million of these costs were accrued and unpaid. During the three months ended March 31, 2014, the Company implemented further actions, which resulted in restructuring charges for severance and related costs of $0.2 million being recorded. The liability at March 31, 2014 of $0.1 million is expected to be paid primarily in the second quarter of 2014.

 

Changes in the Company’s restructuring liability, which consists primarily of severance and related costs, included in amounts reported as other current liabilities, are as follows:

 

 

 

(In thousands)

 

Balance at December 31, 2013

 

$

43

 

Severance and related costs

 

200

 

Cash payments

 

(122

)

Balance at March 31, 2014

 

$

121