XML 30 R19.htm IDEA: XBRL DOCUMENT v3.21.1
Restructuring
3 Months Ended
Mar. 31, 2021
Restructuring And Related Activities [Abstract]  
Restructuring

Note 12. Restructuring

On February 2, 2021, we executed a restructuring plan in our go-to-market organization to strategically align our global sales, product, partner development and marketing teams. As part of the plan, we expect to eliminate approximately seven full-time positions within our go-to-market organization, representing about 2% of our workforce. We incurred restructuring charges of $1.2 million for employee termination benefits as well as $50,000 in other associated costs for legal expenses for the three months ended March 31, 2021. We expect to substantially complete our restructuring plan by June 30, 2021.

A summary of accrued restructuring costs as of and for the three months ended March 31, 2021 is shown in the table below (in thousands):

 

 

 

Employee Termination Benefits

 

 

Other Associated Costs

 

 

Total

 

Restructuring costs

 

$

1,213

 

 

$

50

 

 

$

1,263

 

Cash payments

 

 

(28

)

 

 

 

 

 

(28

)

Accrued restructuring costs as of March 31, 2021

 

$

1,185

 

 

$

50

 

 

$

1,235