XML 41 R30.htm IDEA: XBRL DOCUMENT v3.25.0.1
Restructuring
12 Months Ended
Dec. 31, 2024
Restructuring and Related Activities [Abstract]  
Restructuring

Note 18. Restructuring

On February 7, 2024, we initiated a strategic restructuring to align financial, business and research and development objectives for long-term growth, including a reduction-in-force affecting approximately 10% of our employees. We incurred restructuring charges of $1.8 million for employee terminations benefits, including equity modification expense in first-quarter 2024. Restructuring payments were complete in second-quarter 2024.

A summary of accrued restructuring costs as of December 31, 2024 is shown in the table below (in thousands):

 

 

 

Year Ended December 31, 2024

 

Restructuring costs

 

$

1,812

 

Non cash payments

 

 

(366

)

Cash payments

 

 

(1,446

)

Accrued restructuring costs as of December 31, 2024

 

$