Restructuring

In 2017, the Company initiated restructuring actions in order to focus on key growth initiatives and to move towards a lower break even revenue level through lower operating expenses and manufacturing cost reductions. Actions included a reduction in force, facilities consolidation and certain asset-related adjustments. The Company recorded restructuring charges of $0.1 million and $0.3 million within operating expenses in the three and six months ended June 30, 2019, respectively for costs related to the sale of NeoPhotonics Russia. The Company recorded $0.1 million in restructuring charges within cost of goods sold in the three and six months ended June 30, 2018 and $0.6 million and $0.7 million in restructuring charges within operating expenses in the three and six months ended June 30, 2018, respectively. Restructuring activities for the six months ended June 30, 2019 were as follows (in thousands):



	Employee Severance			Facilities Consolidation			Others			Total
Restructuring obligations December 31, 2018	$	436		$	769		$	1,611		$	2,816
Charges	88			—			170			258
Cash payments	(523		)	(90		)	(141		)	(754		)
Settlement of Rusnano payment derivative	—			—			(1,611		)	(1,611		)
Adoption of ASC 842	—			(620		)	—			(620		)
Restructuring obligations June 30, 2019	$	1		$	59		$	29		$	89

The current restructuring liability reported in accrued and other current liabilities in the condensed consolidated balance sheets as of June 30, 2019 was $0.1 million.